The world of trading cryptocurrency is quite thrilling, but it can also be time-consuming and overwhelming to many investors. This is where Coinrule comes in. Coinrule is an automated trading tool that helps traders adhere to their cryptocurrency strategy without the need to constantly monitor the markets. It’s simple to use, even for people with no programming experience, and offers many options that will help you take you trading experience to highest step.
Coinrule was founded in 2017 in London by a group of blockchain and cryptocurrency enthusiasts. Its goal is at making trading cryptocurrencies more efficient by providing an automated platform for trading that is able to integrate securely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over its goal.
One of the key advantages of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be very volatile and it is often hard for trader to keep track of the ever-changing charts. Coinrule allows traders to establish trading rules and then analyzes the market and then makes trades that fit into their plan of action. This means that traders are able to place their cryptocurrency trading on autopilot and not have to go through charts for hours.
Coinrule provides integrated trading strategies that traders can select from. There are more than 150 trading rules to pick from that make it simple for both experienced and novice traders to choose a strategy that works for them. In addition, traders can stop rules at any point, and will be sent daily emails that contain trading signals to help them adapt their strategy according to the changing market.
Another great characteristic of Coinrule is the possibility of backtesting. The traders can test their trading rules by using historical market data in TradingView. They can choose the cryptocurrency they will be trading and the time frame they want to use and trading strategy to determine how many trades that the strategy opened and closed in addition to the net profit, percentage of profit as well as the maximum drawdown and profit factor. This can be an effective instrument to increase a trader’s confidence in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader, with a variety of options for traders at all levels. Prices range from $0 through $499.99 per month, and traders are able to pay each month or annually. Annual plans provide discounts of up to 25%.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest possible level. With features such as automatized trading, integrated strategies for trading with backtesting capabilities, as well as support for multiple trustworthy cryptocurrency exchanges Coinrule provides a reliable tool that can aid you in making the most of your trading strategy.