The world of trading cryptocurrency is quite thrilling however, it can be time-consuming and overwhelming in the eyes of many trader. 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 constantly keep track of the market. It’s easy to use even for people with no programming experience, and offers many options to take your trading to the highest step.
Coinrule was founded in the year 2017 London by a team of blockchain and cryptocurrency enthusiasts. The company aims create a system that makes trading cryptocurrency more efficient by providing an automated platform for trading which can be integrated safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over its target.
One of the key aspects of Coinrule is the easy-to-use automated trading system. The markets for cryptocurrency can be extremely volatile, and it can be hard for trader to keep up with the ever-changing charts. Coinrule allows traders to set up trading rules and then analyzes the market and then makes trades that fit into their strategies. This means that traders are able to set their cryptocurrency trading on autopilot, and not look over charts for hours.
Coinrule provides built-in trading strategies that traders can select from. There are over 150 trading rules to pick from, making it easy for both new and experienced traders to choose a strategy that works for them. Additionally, traders can pause rules at any time and receive daily emails with signals for trading which can assist them in adjusting their strategy according to the changing market.
Another great characteristic of Coinrule is its backtesting opportunities. Investors 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 as well as the strategy for trading to see how many trades the strategy has opened and closed, as well as the net profit, percentage of profit as well as the maximum drawdown and profit percentage. This can be a helpful tool for increasing confidence of traders 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. This means that traders can connect Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Trader, and Pro, with a variety of options for traders of all levels. Prices vary from $0 and up to $499.99 per month, and traders are able to pay each month or annually. The yearly plans offer discounts up to 25%.
All in all, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the highest level. With features like automatic trading and built-in strategies for trading as well as backtesting options, and support for multiple trustworthy cryptocurrency exchanges Coinrule is a robust tool that will aid you in making the most out of any trading plan.