The world of cryptocurrency trading can be quite exciting, but it can also become time-consuming and stressful for many traders. This is where Coinrule comes in. Coinrule is an automated trading tool that can help traders stick to their crypto strategy without having to continuously monitor the markets. It’s easy to use, even for people with no programming knowledge, and provides many features that can take trades to the next step.
Coinrule was established in 2017 , in London by a group of cryptocurrency and blockchain enthusiasts. The company’s mission is at making trading cryptocurrency easier by offering an automated platform for trading that can integrate safely with various 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 markets for cryptocurrency can be highly volatile and it can be hard for trader to keep up with the constantly changing charts. Coinrule lets traders establish trading rules and then examines the market and make trades that match their strategies. This means that traders can put their cryptocurrency trading to autopilot and not go through charts for hours.
Coinrule has 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 discover a strategy that works for them. In addition, traders can stop rules at any time and will be sent daily emails that contain trading signals to help them adapt their strategy according to the changing market.
Another excellent characteristic of Coinrule is the possibility of backtesting. The traders can test their trading strategy on historical market data using TradingView. They can select the coin they intend to trade, the desired time frame and trading strategy and see how many trades the strategy opened and closed in addition to its net profits, percentage of profitability maximum drawdown, as well as profit factor. This can be a helpful method to boost confidence of traders in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can connect Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Trader, and Pro, offering different options to traders of all levels. Prices range from $0 and up to $499.99 per month. traders are able to pay either monthly or annually. Annual plans provide discounts of up to%.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest level. With features such as automatized trading, integrated strategies for trading, backtesting opportunities, and support for a variety of trusted exchanges, Coinrule provides a reliable instrument that can help you make the most of your trading strategy.