The world of trading in cryptocurrency is quite thrilling however, it can be time-consuming and overwhelming to many investors. This is where Coinrule comes in. Coinrule is an automated trading tool that can help traders stick to their cryptocurrency strategy without having to continuously monitor the markets. It’s easy to use, even for people with no programming knowledge, and provides various options to take your trading to the highest step.
Coinrule was established in the year 2017 London by a team of cryptocurrency and blockchain enthusiasts. The company aims at making trading cryptocurrencies easier by offering an automated platform for trading that is able to integrate securely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above its goal.
One of the main advantages of Coinrule is its user-friendly automated trading. The market for cryptocurrency is highly volatile and it is often hard for trader to keep up with the constantly changing charts. Coinrule lets traders establish trading rules and then analyzes the market and then makes trades that are compatible with their plan of action. This allows traders to place their cryptocurrency trading on autopilot and not have to spend hours poring over charts.
Coinrule provides integrated trading strategies that investors can pick from. There are more than 150 rules to choose from which makes it simple for both novice and experienced traders to find the best strategy for them. In addition, traders can stop rules at any time and will be sent daily emails with trading signals that can help them adjust their strategy according to the changing market.
Another excellent characteristic of Coinrule is the possibility of backtesting. The traders can test their trading rules on historical market data using TradingView. They can select the coin they will be trading as well as the timeframe they wish to trade and trading strategy, and then see how many trades were opened and closed in addition to the net profit, the percentage of profitability as well as the maximum drawdown and the profit ratio. This can be a helpful tool for increasing confidence of traders in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to integrate Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Trader, and Pro, offering different options to traders at all levels. Prices range from $0 through $499.99 per month, and traders have the option of paying either monthly or annually. Annual plans provide discounts up to 25 percent.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest possible level. With features such as automatic trading and built-in strategies for trading with backtesting capabilities, as well as support for a variety of trusted trading platforms, Coinrule provides a reliable tool that will help you make the most of the trading strategies you employ.