The world of cryptocurrency trading is quite thrilling However, it can become time-consuming and stressful to many investors. This is the point where Coinrule is able to help. Coinrule is an automated trading tool 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 knowledge, and provides a variety of options that will take you trading experience to next level.
Coinrule was founded in 2017 in London by a team of blockchain and cryptocurrency enthusiasts. The company’s mission is create a system that makes trading cryptocurrencies easier by offering an automated platform for trading that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over its goal.
One of the most important advantages of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be extremely volatile, and it can be challenging for investors to stay track of the ever-changing charts. Coinrule allows traders to establish trading rules and then analyzes the market and then makes trades that fit into their strategies. This means that traders can put their cryptocurrency trading up to run on autopilot, and not spend hours poring over charts.
Coinrule also offers integrated trading strategies that traders can pick from. There are more than 150 rules to choose from which makes it simple for both novice and experienced traders to choose an approach that is suitable for them. In addition, traders can stop rules at any time and will be sent daily emails with trading signals to help them adapt their strategies to market conditions.
Another excellent aspect of Coinrule is its backtesting capabilities. The traders can test their trading strategy with historical market data by using TradingView. You can choose the currency they will be trading, 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 profit maximum drawdown, as well as the profit ratio. This is a useful method to boost the trust of traders in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Trader, and Pro, with different options for traders at all levels. Prices start at $0 and go up through $499.99 per month, and traders can choose to pay either monthly or annually. The yearly plans 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 such as automatic trading and built-in trading strategies with backtesting capabilities, as well as the ability to support multiple trusted cryptocurrency exchanges Coinrule can be a powerful instrument that can aid you in making the most of any trading plan.