The world of trading cryptocurrency can be very exciting however, it can be time-consuming and overwhelming in the eyes of many trader. This is where Coinrule is able to help. Coinrule is an automated trading tool that can help traders adhere to their cryptocurrency strategy without having to continuously monitor the markets. It’s simple to use, even for those with no programming expertise, and comes with many options to boost your trading to the next step.
Coinrule was founded in 2017 in London by a team of cryptocurrency and blockchain enthusiasts. The company aims to make trading in cryptocurrencies easier by offering an automated platform for trading that can integrate safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its goal.
One of the main aspects of Coinrule is the easy-to-use automated trading system. The markets for cryptocurrency can be extremely volatile, and it is often difficult for traders to keep up with the constantly changing charts. Coinrule allows traders to create trading rules, and then examines the market and make trades that fit into their strategies. This means that traders are able to set their cryptocurrency trading to autopilot, and not spend hours poring over charts.
Coinrule has built-in trading strategies that traders can select from. There are more than 150 rules available that make it simple for both novice and experienced traders to discover the best strategy for them. Furthermore, traders are able to pause rules at any time and they will receive free daily emails with signals for trading to help them adapt their strategies to market conditions.
Another excellent characteristic of Coinrule is its backtesting opportunities. Investors can test their trading strategies based on historical market data using TradingView. You can choose the currency they intend to trade as well as the timeframe they wish to trade and trading strategy, and then see how many trades were opened and closed and also profits net, percentage of profit maximum drawdown, as well as profit percentage. This is a useful instrument to increase confidence of traders in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges, including 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 different options for traders at all levels. Prices vary from $0 and up to $499.99 per month, and traders are able to pay 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 automatized trading, integrated strategies for trading with backtesting capabilities, as well as the ability to support multiple trusted trading platforms, Coinrule can be a powerful tool that can assist you in making the most of the trading strategies you employ.