The world of cryptocurrency trading can be very exciting However, it can become time-consuming and stressful for many traders. This is the point where Coinrule comes in. Coinrule is an automated trading tool that can help traders stick to their cryptocurrency strategy without having to continuously monitor the markets. It’s simple to use even for those without coding knowledge, and provides various features that can take you trading experience to next level.
Coinrule was established in the year 2017 London by a team of crypto and blockchain enthusiasts. The company aims to make trading in cryptocurrencies easier by offering an automated trading platform that can integrate safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over its goal.
One of the most important advantages of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be highly volatile and it is often difficult for traders to keep up with the ever-changing charts. Coinrule allows traders to establish trading rules and then analyzes the market and then makes trades that are compatible with their strategy. This means that traders are able to put their cryptocurrency trading up to run on autopilot, and not go through charts for hours.
Coinrule has integrated trading strategies that investors can select from. There are more than 150 rules available which makes it simple for both new and experienced traders to find the best strategy for them. Furthermore, traders are able to pause rules at any time, and they will receive free daily emails with signals for trading to help them adapt their strategy according to the changing market.
Another excellent characteristic of Coinrule is its backtesting capabilities. The traders can test their trading strategies based on historical market data using TradingView. They can select the coin they intend to trade, the desired time frame and trading strategy to check how many trades were opened and closed and also the net profit, the percentage of profitability, maximum drawdown, and profit percentage. This can be an effective instrument to increase a trader’s confidence in their trading strategies they develop.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Pro, and Trader with a variety of options for traders at all levels. Prices start at $0 and go up through $499.99 per month, and traders have the option of paying either monthly or annually. The annual plans can offer discounts up to 25 percent.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest level. With features such as automatized trading, integrated trading strategies as well as backtesting options, and the ability to support multiple trusted exchanges, Coinrule provides a reliable tool that can assist you in making the most out of the trading strategies you employ.