The world of trading in cryptocurrency can be quite 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 cryptocurrency strategy without having to constantly keep track of the market. It is easy to use, even for people with no programming knowledge, and provides a variety of options to boost you trading experience to next step.
Coinrule was established in the year 2017 London by a team of cryptocurrency and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrencies easier by offering an automated platform for trading that can integrate safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over its goal.
One of the key features of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be very volatile and it can be difficult for traders to keep up with constantly changing charts. Coinrule lets traders set up trading rules and then examines the market and make trades that are compatible with their strategy. This means that traders are able to place their cryptocurrency trading on autopilot and not go through charts for hours.
Coinrule also offers integrated trading strategies that traders can select from. There are more than 150 rules available that make it simple for both new and experienced traders to choose the best strategy for them. In addition, traders can stop rules at any time and will be sent daily emails with signals for trading to help them adapt their strategy to the market.
Another excellent feature of Coinrule is the possibility of backtesting. The traders can test their trading strategies based by using historical market data in TradingView. They can choose the cryptocurrency they plan to trade as well as the timeframe they wish to trade and trading strategy, and then check how many trades the strategy has opened and closed in addition to the net profit, percentage of profitability as well as the maximum drawdown and profit factor. This can be a helpful tool for increasing a trader’s confidence in the trading rules they create.
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 any of these platforms.
Coinrule provides four pricing levels that include 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 are able to pay either monthly or annually. The annual plans can offer discounts of up to%.
All in all, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the next level. With features like automated trading, built-in strategies for trading with backtesting capabilities, as well as the ability to support multiple trusted cryptocurrency exchanges Coinrule is a robust tool that can aid you in making the most out of any trading plan.