The world of trading cryptocurrency can be quite exciting However, it can be time-consuming and overwhelming to many investors. This is where Coinrule is able to help. Coinrule is an automated trading tool that helps traders stick to their crypto strategy without the need to constantly keep track of the market. It’s easy to use even for those without coding expertise, and comes with a variety of features that can help you take you trading experience to next level.
Coinrule was established in the year 2017 in London by a group of cryptocurrency and blockchain enthusiasts. The company aims to make trading in cryptocurrencies easier by offering an automated trading platform that can integrate safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its goal.
One of the most important aspects of Coinrule is the easy to use automated trading. The market for cryptocurrency is highly volatile and it is often hard for trader to keep up with ever-changing charts. Coinrule allows traders to create trading rules, and then analyzes the market and then makes trades that are compatible with their strategy. This allows traders to place their cryptocurrency trading to autopilot and not go through charts for hours.
Coinrule also offers built-in trading strategies that traders can choose from. There are over 150 trading rules to pick from which makes it simple for both experienced and novice traders to discover an approach that is suitable for them. In addition, traders can stop rules at any point, and will be sent daily emails with trading signals to help them adapt their strategy according to the changing market.
Another excellent aspect of Coinrule is its backtesting capabilities. Investors can test their trading strategy by using historical market data in TradingView. They can choose the cryptocurrency they will be trading as well as the timeframe they wish to trade as well as the strategy for trading, and then determine how many trades that the strategy opened and closed and also profits net, percentage of profit as well as the maximum drawdown and profit factor. This can be a helpful tool for increasing a trader’s confidence in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Pro, and Trader offering different options to traders at all levels. Prices vary from $0 through $499.99 per month, and traders have the option of paying monthly or annually. The yearly plans offer discounts up to 25%.
All in all, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest possible level. With features like automatic trading and built-in trading strategies as well as backtesting options, and the ability to support multiple trusted trading platforms, Coinrule is a robust instrument that can help you make the most of any trading plan.