The world of cryptocurrency trading is quite thrilling, but it can also be time-consuming and overwhelming for many traders. This is where Coinrule is able to help. Coinrule is an automated trading tool that can help traders stick to their crypto strategy without having to constantly monitor the markets. It is easy to use even for those with no programming experience, and offers a variety of options that will help you take you trading experience to next level.
Coinrule was established in 2017 in London by a group of cryptocurrency and blockchain enthusiasts. The company aims to make trading in cryptocurrencies less tedious by providing an automated trading platform that can integrate safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over its target.
One of the main features of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be extremely volatile, and it is often challenging for investors to stay up with ever-changing charts. Coinrule allows traders to establish trading rules and then monitors the market and makes trades that fit into their plan of action. This allows traders to set their cryptocurrency trading up to run on autopilot and not go through charts for hours.
Coinrule provides integrated trading strategies that investors can select from. There are more than 150 rules available, making it easy for both novice and experienced traders to find an approach that is suitable for them. In addition, traders can stop rules at any time, and they will receive free daily emails with signals for trading to help them adapt their strategy to the market.
Another great aspect of Coinrule is its backtesting capabilities. The traders can test 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 check how many trades the strategy opened and closed and also profits net, the percentage of profitability as well as the maximum drawdown and profit factor. This is a useful tool for increasing the trust of traders in the trading rules they create.
Coinrule has also been able to work with several reliable 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 offers four pricing tiers including Starter, Hobbyist Pro, and Trader with different options for traders of all levels. Prices range from $0 through $499.99 per month. traders are able to pay 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 take your cryptocurrency trading to the highest level. With features such as automatic trading and built-in trading strategies as well as backtesting options, and the ability to support multiple trusted trading platforms, Coinrule can be a powerful instrument that can help you make the most out of your trading strategy.