The world of trading cryptocurrency is quite thrilling however, it can be time-consuming and overwhelming in the eyes of many trader. This is where Coinrule comes in. Coinrule is an automated trading tool that helps traders adhere to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It’s easy to use even for those without coding knowledge, and provides various features that can help you take you trading experience to highest level.
Coinrule was established in 2017 , in London by a group of crypto and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrencies less tedious by providing an automated trading platform that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over the amount it had set for.
One of the key advantages of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be extremely volatile, and it can be challenging for investors to stay up with the constantly changing charts. Coinrule allows traders to create trading rules, and then analyzes the market and then makes trades that match their plan of action. This means that traders can set their cryptocurrency trading up to run on autopilot and not have to look over charts for hours.
Coinrule has integrated trading strategies that traders can select from. There are more than 150 trading rules to pick from that make it simple for both new and experienced traders to discover the best strategy for them. In addition, traders can stop rules at any point, and will be sent daily emails with signals for trading which can assist them in adjusting their strategy according to the changing market.
Another great feature of Coinrule is its backtesting capabilities. Investors can test their trading rules with historical market data by using TradingView. You can choose the currency they intend to trade, the desired time frame, and the trading strategy and check how many trades were opened and closed and also the net profit, the percentage of profit, maximum drawdown, and profit percentage. This is a useful method to boost the trust of traders in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Trader, and Pro, with a variety of options for traders at all levels. Prices range from $0 to $499.99 per month, and traders have the option of paying either monthly or annually. Annual plans provide discounts of up to 25%.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the next level. With features like automated trading, built-in strategies for trading, backtesting opportunities, and the ability to support multiple trusted exchanges, Coinrule is a robust instrument that can assist you in making the most out of your trading strategy.