The world of trading cryptocurrency is quite thrilling however, it can become time-consuming and stressful for many traders. This is the point where Coinrule comes in. Coinrule is an automated trading tool that helps traders stick to their crypto strategy without the need to constantly be on the lookout for market trends. It is easy to use even for people with no programming expertise, and comes with many options to boost trades to the next step.
Coinrule was founded in 2017 in London by a team of cryptocurrency and blockchain enthusiasts. Its goal is to make trading in cryptocurrencies more efficient 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, more than 200% above its goal.
One of the main aspects of Coinrule is the easy-to-use automated trading system. The market for cryptocurrency is very volatile and it is often difficult for traders to keep up with the constantly changing charts. Coinrule lets traders set up trading rules and then monitors the market and makes trades that match their strategy. This allows traders to place their cryptocurrency trading up to run on 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, making it easy for both experienced and novice traders to find an approach that is suitable for them. In addition, traders can stop rules at any time and they will receive free daily emails that contain trading signals which can assist them in adjusting their strategy to the market.
Another great characteristic of Coinrule is its backtesting capabilities. Traders can test out their trading strategies based on historical market data using TradingView. They can choose the cryptocurrency they plan to trade, the desired time frame, and the trading strategy and see how many trades the strategy has opened and closed in addition to its net profits, percentage of profit as well as the maximum drawdown and profit factor. This is a useful method to boost the trust of traders in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Trader, and Pro, offering different options to traders of all levels. Prices vary from $0 and up to $499.99 per month. traders are able to pay each month or annually. The annual plans can offer discounts up to 25 percent.
All in all, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the highest level. With features such as automatic trading and built-in trading strategies, backtesting opportunities, and support for a variety of trusted exchanges, Coinrule is a robust tool that can aid you in making the most out of any trading plan.