The world of trading in cryptocurrency is quite thrilling however, it can become time-consuming and stressful to many investors. This is the point where Coinrule is able to help. 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 easy to use even for people with no programming knowledge, and provides a variety of options to boost you trading experience to next level.
Coinrule was founded in 2017 , in London by a group of crypto and blockchain enthusiasts. The company aims at making trading cryptocurrencies more efficient by providing an automated trading platform that is able to integrate securely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than its target.
One of the most important features of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be extremely volatile, and it can be hard for trader to keep up with the ever-changing charts. Coinrule allows traders to create trading rules, and then examines the market and make trades that are compatible with their strategies. This means that traders can place their cryptocurrency trading on autopilot and not have to go through charts for hours.
Coinrule has built-in trading strategies that traders can choose from. There are over 150 rules available which makes it simple for both novice and experienced traders to choose a strategy that works for them. Additionally, traders can pause rules at any time, and will be sent daily emails with trading signals which can assist them in adjusting their strategy according to the changing market.
Another great feature of Coinrule is its backtesting opportunities. Traders can test out their trading rules on historical market data using TradingView. You can choose the currency they plan to trade as well as the timeframe they wish to trade and trading strategy and determine how many trades that the strategy opened and closed, as well as profits net, the percentage of profitability as well as the maximum drawdown and the profit ratio. This can be a helpful method to boost a trader’s confidence in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader, offering different options to traders of all levels. Prices vary from $0 to $499.99 per month, and traders can choose to pay either monthly or annually. The annual plans can offer discounts of up to percent.
Overall, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest possible level. With features like automated trading, built-in trading strategies with backtesting capabilities, as well as the ability to support multiple trusted trading platforms, Coinrule can be a powerful tool that will aid you in making the most out of your trading strategy.