The world of trading in cryptocurrency is quite thrilling however, it can be time-consuming and overwhelming to many investors. This is where Coinrule comes in. Coinrule is an automated trading tool that can help traders stick to their crypto strategy without having to continuously be on the lookout for market trends. It’s simple to use even for people with no programming experience, and offers many options to help you take your trading to the highest step.
Coinrule was established in the year the year 2017 London by a team of cryptocurrency and blockchain enthusiasts. The company aims at making trading cryptocurrency less tedious by providing an automated trading platform that can integrate safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above the amount it had set for.
One of the key features of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be highly volatile and it is often hard for trader to keep up with ever-changing charts. Coinrule allows traders to establish trading rules and then monitors the market and makes trades that fit into their strategy. This means that traders can place their cryptocurrency trading to autopilot, and not spend hours poring over charts.
Coinrule also offers integrated trading strategies that traders can select from. There are more than 150 trading rules to pick from which makes it simple for both novice and experienced traders to find an approach that is suitable for them. Furthermore, traders are able to pause rules at any time and they will receive free daily emails with signals for trading which can assist them in adjusting their strategy according to the changing market.
Another great feature of Coinrule is its backtesting opportunities. The traders can test their trading strategy on historical market data using TradingView. They can choose the cryptocurrency they will be trading and the time frame they want to use, and the trading strategy, and then see how many trades the strategy has opened and closed, as well as the net profit, the percentage of profit as well as the maximum drawdown and the profit ratio. This can be a helpful method to boost confidence of traders in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can use Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels 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 either monthly or annually. The yearly plans offer discounts up to 25 percent.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the highest possible level. With features like automatized trading, integrated strategies for trading, backtesting opportunities, and the ability to support multiple trusted cryptocurrency exchanges Coinrule can be a powerful tool that will assist you in making the most out of any trading plan.