The world of trading cryptocurrency can be quite exciting however, it can be time-consuming and overwhelming for many traders. This is where Coinrule comes in. Coinrule is an automated tool for trading that helps traders adhere to their cryptocurrency strategy without having to constantly be on the lookout for market trends. It’s simple to use even for those without coding expertise, and comes with many features that can help you take you trading experience to highest level.
Coinrule was established in the year 2017 , in London by a group of blockchain and cryptocurrency enthusiasts. The company’s mission is at making trading cryptocurrencies less tedious by providing an automated trading platform which can be integrated safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above the amount it had set for.
One of the main aspects of Coinrule is the easy-to-use automated trading system. The market for cryptocurrency is highly volatile and it can be difficult for traders to keep up with the constantly changing charts. Coinrule lets traders create trading rules, and then analyzes the market and then makes trades that are compatible with their strategy. This means that traders are able to put their cryptocurrency trading up to run on autopilot, and not go through charts for hours.
Coinrule provides integrated trading strategies that investors can select from. There are more than 150 rules available that make it simple for both experienced and novice traders to choose an approach that is suitable for them. Additionally, traders can pause rules at any time and they will receive free daily emails with trading signals to help them adapt their strategies to market conditions.
Another great aspect of Coinrule is the possibility of backtesting. Investors can test their trading strategies based by using historical market data in TradingView. They can select the coin they plan to trade, the desired time frame and trading strategy, and then check how many trades the strategy opened and closed in addition to the net profit, percentage of profitability, maximum drawdown, and the profit ratio. This can be an effective instrument to increase the trust of traders in their trading strategies they develop.
Coinrule is also compatible with a variety of reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can integrate Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Trader, and Pro, offering different options to traders of all levels. Prices vary from $0 and up to $499.99 per month, and traders can choose to pay either monthly or annually. The annual plans can offer discounts up to 25%.
In the end, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the next level. With features like automated trading, built-in strategies for trading with backtesting capabilities, as well as support for a variety of trusted exchanges, Coinrule is a robust tool that can help you make the most out of the trading strategies you employ.