The world of cryptocurrency trading can be quite exciting However, it can be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule comes in. Coinrule is an automated trading tool that can help traders adhere to their cryptocurrency strategy without the need to constantly keep track of the market. It is easy to use even for those without coding knowledge, and provides various features that can help you take your trading to the next step.
Coinrule was founded in the year 2017 London by a group of blockchain and cryptocurrency enthusiasts. The company aims create a system that makes trading cryptocurrency easier by offering an automated platform for trading that is able to integrate securely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its target.
One of the key aspects of Coinrule is the easy-to-use automated trading system. The cryptocurrency markets can be very volatile and it is often hard for trader to keep track of the constantly changing charts. Coinrule allows traders to create trading rules, and then analyzes the market and then makes trades that fit into their plan of action. This means that traders can place their cryptocurrency trading on autopilot and not have to 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 novice and experienced traders to choose a strategy that works for them. Additionally, traders can pause rules at any time, and receive daily emails with trading signals that can help them adjust their strategy to the market.
Another wonderful aspect of Coinrule is the possibility of backtesting. Traders can test out their trading strategies based on historical market data using TradingView. They can select the coin they plan to trade as well as the timeframe they wish to trade and trading strategy to determine how many trades that were opened and closed and also its net profits, 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 the trading rules they design.
Coinrule has also been able to work with several reliable exchanges, such as 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, Starter, Hobbyist, Trader, and Pro, offering different options to traders at all levels. Prices vary from $0 through $499.99 per month, and traders are able to pay either monthly or annually. Annual plans provide discounts of up to 25%.
Overall, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest possible level. With features like automated trading, built-in strategies for trading, backtesting opportunities, and support for multiple trustworthy cryptocurrency exchanges Coinrule provides a reliable tool that can help you make the most of your trading strategy.