The world of trading cryptocurrency can be quite exciting however, it can be time-consuming and overwhelming to many investors. This is the point where Coinrule is able to help. Coinrule is an automated tool for trading that helps traders stick to their cryptocurrency strategy without having to constantly be on the lookout for market trends. It is easy to use, even for those with no programming knowledge, and provides various options that will help you take trades to the highest level.
Coinrule was established in the year the year 2017 London by a team of blockchain and cryptocurrency enthusiasts. Its goal is to make trading in cryptocurrencies less tedious 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 features of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is extremely volatile, and it can be challenging for investors to stay up with constantly changing charts. Coinrule allows traders to create trading rules, and then examines the market and make trades that match their strategy. This allows traders to put their cryptocurrency trading to autopilot, and not spend hours poring over charts.
Coinrule also offers built-in trading strategies that traders can choose from. There are over 150 rules available which makes it simple for both novice and experienced traders to find a strategy that works for them. Additionally, traders can pause rules at any point, and they will receive free daily emails that contain trading signals to help them adapt their strategy to the market.
Another excellent aspect of Coinrule is its backtesting opportunities. Investors 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 as well as the strategy for trading and see how many trades the strategy opened and closed in addition to profits net, the percentage of profit as well as the maximum drawdown and profit factor. This can be an effective tool for increasing confidence of traders in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Trader, and Pro, with different options for traders of all levels. Prices vary from $0 to $499.99 per month, and traders have the option of paying each month or annually. Annual plans provide discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest possible level. With features like automatic trading and built-in strategies for trading with backtesting capabilities, as well as the ability to support multiple trusted cryptocurrency exchanges Coinrule can be a powerful tool that can assist you in making the most out of your trading strategy.