The world of trading in cryptocurrency can be very exciting however, it can be time-consuming and overwhelming for many traders. This is the point where Coinrule comes in. Coinrule is an automated tool for trading that helps traders adhere to their cryptocurrency strategy without the need to constantly keep track of the market. It’s easy to use even for those without coding knowledge, and provides a variety of features that can boost you trading experience to next level.
Coinrule was established in the year 2017 in London by a team of crypto and blockchain enthusiasts. Its goal is at making trading cryptocurrencies easier by offering an automated trading platform that can integrate safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than the amount it had set for.
One of the key advantages of Coinrule is its easy to use automated trading. The market for cryptocurrency is very volatile and it is often hard for trader to keep up with the constantly changing charts. Coinrule allows traders to establish trading rules and then examines the market and make trades that fit into their plan of action. This allows traders to set their cryptocurrency trading on autopilot and not spend hours poring over charts.
Coinrule provides integrated trading strategies that investors can choose from. There are over 150 trading rules to pick from that make it simple for both experienced and novice traders to find the best strategy for them. In addition, traders can stop rules at any point, and they will receive free daily emails with signals for trading to help them adapt their strategy to the market.
Another excellent feature of Coinrule is its backtesting opportunities. Traders can test out their trading strategy on historical market data using TradingView. You can choose the currency they intend to trade, the desired time frame and trading strategy, and then see how many trades the strategy has opened and closed in addition to profits net, the percentage of profitability, maximum drawdown, and profit factor. This is a useful tool for increasing the trust of traders in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges, such as 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 tiers including Starter, Hobbyist Trader, and Pro, with a variety of options for traders of all levels. Prices start at $0 and go up to $499.99 per month. traders can choose to pay either monthly or annually. The yearly plans offer discounts of up to%.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest possible level. With features like automatized trading, integrated strategies for trading, backtesting opportunities, and support for multiple trustworthy exchanges, Coinrule is a robust tool that can help you make the most out of the trading strategies you employ.