The world of trading cryptocurrency can be very exciting, but it can also become time-consuming and stressful to many investors. This is where Coinrule comes in. Coinrule is an automated trading tool that helps traders adhere to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It’s simple to use, even for those without coding knowledge, and provides many features that can boost trades to the next level.
Coinrule was established in the year 2017 in London by a team of crypto and blockchain enthusiasts. The company aims at making trading cryptocurrency easier by offering an automated trading platform that can integrate safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than its target.
One of the key advantages of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be highly volatile and it is often hard for trader to keep up with ever-changing charts. Coinrule allows traders to create trading rules, and then analyzes the market and then makes trades that fit into their strategies. This means that traders can place their cryptocurrency trading up to run on autopilot and not have to spend hours poring over charts.
Coinrule provides integrated trading strategies that investors can select from. There are more than 150 trading rules to pick from that make it simple for both novice and experienced traders to find a strategy that works for them. In addition, traders can stop rules at any point, and will be sent daily emails with signals for trading to help them adapt their strategies to market conditions.
Another excellent characteristic of Coinrule is the possibility of backtesting. Traders can test out their trading rules by using historical market data in TradingView. They can select the coin they plan to trade and the time frame they want to use and trading strategy, and then determine how many trades that were opened and closed in addition to its net profits, percentage of profit maximum drawdown, as well as the profit ratio. This can be a helpful instrument to increase the trust of traders in their trading strategies they develop.
Coinrule is also compatible with a variety of reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Trader, and Pro, with a variety of options for traders of all levels. Prices range from $0 and up to $499.99 per month, and traders are able to pay either monthly or annually. The yearly plans offer discounts of up to 25%.
Overall, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the next level. With features such as automatic trading and built-in trading strategies as well as backtesting options, and the ability to support multiple trusted cryptocurrency exchanges Coinrule provides a reliable instrument that can aid you in making the most out of the trading strategies you employ.