The world of cryptocurrency trading can be quite exciting however, it can be time-consuming and overwhelming for many traders. This is where Coinrule is able to help. Coinrule is an automated tool for trading that helps traders stick to their cryptocurrency strategy without having to continuously monitor the markets. It’s easy to use even for those with no programming knowledge, and provides various options that will take trades to the next step.
Coinrule was established in the year 2017 , in London by a group of crypto and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrencies more efficient by providing an automated platform for trading that can integrate safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above the amount it had set for.
One of the most important aspects of Coinrule is the easy-to-use automated trading system. The markets for cryptocurrency can be highly volatile and it can be difficult for traders to keep up with the ever-changing charts. Coinrule lets traders establish trading rules and then analyzes the market and then makes trades that match their strategies. This allows traders to place their cryptocurrency trading up to run on autopilot, and not go through charts for hours.
Coinrule has built-in trading strategies that traders can choose from. There are over 150 rules available, making it easy for both experienced and novice traders to find the best strategy for them. In addition, traders can stop rules at any point, and will be sent daily emails that contain trading signals that can help them adjust their strategy to the market.
Another excellent characteristic of Coinrule is the possibility of backtesting. Investors can test their trading strategy with historical market data by using TradingView. You can choose the currency they intend to trade as well as the timeframe they wish to trade, and the trading strategy, and then see how many trades the strategy has opened and closed, as well as the net profit, the percentage of profitability as well as the maximum drawdown and profit factor. This can be an effective instrument to increase the trust of traders in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Pro, and Trader, with different options for traders at all levels. Prices start at $0 and go up through $499.99 per month, and traders can choose to pay each month or annually. The annual plans can offer discounts up to 25 percent.
In the end, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest level. With features like automatized trading, integrated strategies for trading with backtesting capabilities, as well as the ability to support multiple trusted trading platforms, Coinrule provides a reliable instrument that can help you make the most of the trading strategies you employ.