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 comes in. Coinrule is an automated tool for trading that helps traders stick to their crypto strategy without the need to constantly keep track of the market. It is easy to use, even for those without coding expertise, and comes with many options that will help you take trades to the highest level.
Coinrule was established in 2017 in London by a group of crypto and blockchain enthusiasts. The company aims to make trading in cryptocurrencies more efficient 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. This is greater than 200% over its target.
One of the main features of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be extremely volatile, and it is often challenging for investors to stay track of the constantly changing charts. Coinrule lets traders set up trading rules and then examines the market and make trades that are compatible with their strategy. This allows traders to place their cryptocurrency trading up to run on autopilot and not have to go through charts for hours.
Coinrule provides built-in trading strategies that traders can pick from. There are more than 150 rules available, making it easy for both experienced and novice traders to find a strategy that works for them. In addition, traders can stop rules at any time, and receive daily emails with trading signals that can help them adjust their strategies to market conditions.
Another wonderful aspect of Coinrule is the possibility of backtesting. Investors can test their trading strategy by using historical market data in TradingView. They can select the coin they plan to trade and the time frame they want to use and trading strategy and determine how many trades that the strategy has opened and closed, as well as profits net, the percentage of profit, maximum drawdown, and profit factor. This can be a helpful method to boost 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. This means that traders can connect Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Pro, and Trader, offering different options to traders at all levels. Prices start at $0 and go up and up to $499.99 per month, and traders are able to pay each month or annually. The annual plans can offer discounts of up to percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the next level. With features like automated trading, built-in trading strategies as well as backtesting options, and support for multiple trustworthy trading platforms, Coinrule can be a powerful tool that will aid you in making the most of any trading plan.