The world of trading cryptocurrency can be quite exciting, but it can also be time-consuming and overwhelming for many traders. This is the point where Coinrule comes in. Coinrule is an automated trading tool that helps traders stick to their crypto strategy without having to continuously keep track of the market. It is easy to use even for those without coding experience, and offers a variety of options to boost your trading to the next level.
Coinrule was established in the year 2017 in London by a group of blockchain and cryptocurrency enthusiasts. The company’s mission is to make trading in cryptocurrency less tedious by providing an automated platform for trading which can be integrated safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over the amount it had set for.
One of the key aspects of Coinrule is the easy-to-use automated trading system. The markets for cryptocurrency can be highly volatile and it is often difficult for traders to keep up with constantly changing charts. Coinrule lets traders create trading rules, and then monitors the market and makes trades that fit into their plan of action. This means that traders can put their cryptocurrency trading up to run on autopilot and not go through charts for hours.
Coinrule has integrated trading strategies that traders can choose from. There are more than 150 trading rules to pick from, making it easy for both experienced and novice traders to find the best strategy for them. Furthermore, traders are able to pause rules at any time, and receive daily emails that contain trading signals which can assist them in adjusting their strategies to market conditions.
Another excellent aspect of Coinrule is its backtesting opportunities. Traders can test out their trading rules by using historical market data in TradingView. They can select the coin they will be trading, the desired time frame as well as the strategy for trading, and then check how many trades were opened and closed, as well as the net profit, the percentage of profitability, maximum drawdown, and profit percentage. This can be an effective tool for increasing a trader’s confidence in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can connect Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Trader, and Pro, with a variety of options for traders at all levels. Prices range from $0 and up to $499.99 per month. traders have the option of paying monthly or annually. The annual plans can offer discounts of up to percent.
Overall, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest possible level. With features like automated trading, built-in trading strategies as well as backtesting options, and the ability to support multiple trusted exchanges, Coinrule is a robust tool that can help you make the most out of the trading strategies you employ.