The world of cryptocurrency trading can be very exciting However, it can become time-consuming and stressful in the eyes of many trader. This is the point where Coinrule is able to help. Coinrule is an automated tool for trading that helps traders stick to their crypto strategy without having to constantly monitor the markets. It is easy to use, even for those with no programming expertise, and comes with a variety of features that can take your trading to the highest level.
Coinrule was established in the year 2017 in London by a group of cryptocurrency and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrencies less tedious by providing an automated platform for trading that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its goal.
One of the key advantages of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be extremely volatile, and it can be challenging for investors to stay track of the ever-changing charts. Coinrule lets traders create trading rules, and then analyzes the market and then makes trades that match their strategy. This allows traders to set their cryptocurrency trading to autopilot and not spend hours poring over charts.
Coinrule also offers integrated trading strategies that traders can select from. There are more than 150 rules available that make it simple for both experienced and novice traders to find a strategy that works for them. Additionally, traders can pause rules at any time and receive daily emails with trading signals to help them adapt their strategy to the market.
Another great characteristic of Coinrule is its backtesting capabilities. Investors can test their trading strategy on historical market data using TradingView. They can choose the cryptocurrency they intend to trade as well as the timeframe they wish to trade, and the trading strategy, and then check how many trades were opened and closed in addition to its net profits, percentage of profitability, maximum drawdown, and profit percentage. This can be an effective tool for increasing confidence of traders in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Pro, and Trader, with a variety of options for traders of all levels. Prices range from $0 through $499.99 per month, and traders are able to pay either monthly or annually. The annual plans can offer discounts of up to percent.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest possible level. With features such as automatic trading and built-in trading strategies, backtesting opportunities, and support for multiple trustworthy cryptocurrency exchanges Coinrule provides a reliable tool that will assist you in making the most of your trading strategy.