The world of cryptocurrency trading can be very exciting, but it can also become time-consuming and stressful for many traders. This is the point where Coinrule comes in. Coinrule is an automated trading tool that helps traders stick to their cryptocurrency strategy without having to continuously monitor the markets. It’s simple to use, even for those with no programming experience, and offers many features that can help you take trades to the next level.
Coinrule was established in the year 2017 London by a team of crypto and blockchain enthusiasts. The company aims at making trading cryptocurrency easier by offering an automated platform for trading which can be integrated safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over the amount it had set for.
One of the main features of Coinrule is its easy-to-use automated trading system. 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 establish trading rules and then monitors the market and makes trades that match their plan of action. This means that traders are able to place their cryptocurrency trading to autopilot and not have to look over charts for hours.
Coinrule has integrated trading strategies that investors can choose from. There are over 150 rules to choose from that make it simple for both new and experienced traders to discover an approach that is suitable for them. Additionally, traders can pause rules at any point, and receive daily emails with trading signals to help them adapt their strategies to market conditions.
Another great aspect of Coinrule is the possibility of backtesting. The traders can test their trading rules by using historical market data in TradingView. You can choose the currency they intend to trade and the time frame they want to use, and the trading strategy and check how many trades the strategy has opened and closed in addition to profits net, percentage of profitability maximum drawdown, as well as the profit ratio. This can be an effective instrument to increase the trust 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 use Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader with a variety of options for traders of all levels. Prices start at $0 and go up through $499.99 per month. traders have the option of paying monthly or annually. The annual plans can offer discounts up to 25%.
In the end, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the highest possible level. With features like automatic trading and built-in trading strategies as well as backtesting options, and the ability to support multiple trusted exchanges, Coinrule is a robust tool that will help you make the most of the trading strategies you employ.