The world of trading cryptocurrency can be very exciting However, it can become time-consuming and stressful to many investors. This is the point where Coinrule is able to help. Coinrule is an automated trading tool that can help 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 many options to take trades to the next step.
Coinrule was established in the year the year 2017 London by a team of crypto and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrency easier by offering an automated trading platform that is able to integrate securely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than the amount it had set for.
One of the most important aspects of Coinrule is the easy-to-use automated trading system. The market for cryptocurrency is extremely volatile, and it is often challenging for investors to stay up with ever-changing charts. Coinrule allows traders to create trading rules, and then monitors the market and makes trades that are compatible with their strategy. This means that traders can put their cryptocurrency trading on autopilot, and not spend hours poring over charts.
Coinrule has integrated trading strategies that investors can pick from. There are over 150 trading rules to pick from, making it easy for both experienced and novice traders to choose the best strategy for them. Furthermore, traders are able to pause rules at any point, and they will receive free daily emails with trading signals which can assist them in adjusting their strategy to the market.
Another wonderful aspect of Coinrule is its backtesting capabilities. The traders can test their trading rules on historical market data using TradingView. They can choose the cryptocurrency they plan to trade as well as the timeframe they wish to trade as well as the strategy for trading, and then see how many trades the strategy opened and closed, as well as the net profit, percentage of profitability maximum drawdown, as well as profit percentage. This can be a helpful tool for increasing confidence of traders in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Trader, and Pro, with different options for traders of all levels. Prices range from $0 and up to $499.99 per month, and traders can choose to pay either monthly or annually. The annual plans can offer discounts up to 25 percent.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest possible level. With features like automatic trading and built-in strategies for trading with backtesting capabilities, as well as support for multiple trustworthy cryptocurrency exchanges Coinrule is a robust tool that will aid you in making the most of the trading strategies you employ.