The world of cryptocurrency trading can be very exciting however, it can be time-consuming and overwhelming for many traders. This is where Coinrule is able to help. 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’s easy to use even for those with no programming expertise, and comes with many features that can boost your trading to the next level.
Coinrule was established in the year 2017 London by a group of crypto and blockchain enthusiasts. The company aims at making trading cryptocurrency easier by offering an automated platform for trading that is able to integrate securely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above the amount it had set for.
One of the main aspects of Coinrule is the easy-to-use automated trading system. The markets for cryptocurrency can be highly volatile and it is often challenging for investors to stay track of the ever-changing charts. Coinrule allows traders to establish trading rules and then monitors the market and makes trades that fit into their strategies. This allows traders to place their cryptocurrency trading up to run on autopilot and not look over charts for hours.
Coinrule also offers integrated trading strategies that investors can select from. There are more than 150 rules available that make it simple for both new and experienced traders to choose a strategy that works for them. Furthermore, traders are able to pause rules at any time and will be sent daily emails with signals for trading to help them adapt their strategy to the market.
Another great characteristic of Coinrule is its backtesting capabilities. Investors can test their trading strategy by using historical market data in TradingView. You can choose the currency they plan to trade and the time frame they want to use as well as the strategy for trading, and then check how many trades the strategy opened and closed in addition to the net profit, the percentage of profitability as well as the maximum drawdown and the profit ratio. This is a useful tool for increasing the trust of traders in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can use Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader, with a variety of options for traders at all levels. Prices range from $0 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 25 percent.
All in all, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the highest possible level. With features such as automated trading, built-in strategies for trading as well as backtesting options, and support for multiple trustworthy exchanges, Coinrule provides a reliable tool that can help you make the most of your trading strategy.