The world of trading in cryptocurrency can be very exciting However, it can become time-consuming and stressful in the eyes of many trader. This is the point where Coinrule comes in. Coinrule is an automated trading tool that helps traders stick to their cryptocurrency strategy without the need to constantly monitor the markets. It’s easy to use, even for those without coding experience, and offers many features that can take you trading experience to next step.
Coinrule was established in the year the year 2017 London by a group of crypto and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrencies more efficient by providing an automated platform for trading that is able to integrate securely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over the amount it had set for.
One of the main features of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be very volatile and it is often challenging for investors to stay track of the constantly changing charts. Coinrule allows traders to set up trading rules and then analyzes the market and then makes trades that match their strategy. This means that traders are able to put their cryptocurrency trading to autopilot and not have to spend hours poring over charts.
Coinrule provides built-in trading strategies that traders can select from. There are over 150 rules available that make it simple for both novice and experienced traders to discover an approach that is suitable for them. Furthermore, traders are able to pause rules at any time, and will be sent daily emails that contain trading signals that can help them adjust their strategy to the market.
Another wonderful characteristic of Coinrule is its backtesting capabilities. Investors can test their trading rules by using historical market data in TradingView. They can choose the cryptocurrency they intend to trade and the time frame they want to use as well as the strategy for trading and check 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 a trader’s confidence in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, such as 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 that include Starter, Hobbyist Pro, and Trader, with a variety of options for traders at all levels. Prices vary from $0 to $499.99 per month. traders have the option of paying monthly or annually. Annual plans provide discounts up to 25 percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the next level. With features like automatic trading and built-in trading strategies with backtesting capabilities, as well as support for multiple trustworthy cryptocurrency exchanges Coinrule is a robust tool that will assist you in making the most out of your trading strategy.