The world of trading cryptocurrency can be quite exciting however, it can become time-consuming and stressful for many traders. This is where Coinrule is able to help. Coinrule is an automated tool for trading that helps traders stick to their cryptocurrency strategy without the need to constantly be on the lookout for market trends. It’s simple to use, even for those with no programming expertise, and comes with many features that can take your trading to the next step.
Coinrule was established in the year 2017 , in London by a group of crypto and blockchain enthusiasts. Its goal is to make trading in cryptocurrency more efficient by providing an automated platform for trading that is able to integrate securely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than the amount it had set for.
One of the key aspects of Coinrule is the user-friendly automated trading. The markets for cryptocurrency can be extremely volatile, and it can be hard for trader to keep track of the constantly changing charts. Coinrule allows traders to create trading rules, and then monitors the market and makes trades that match their strategies. This allows traders to place their cryptocurrency trading to autopilot and not go through charts for hours.
Coinrule also offers integrated trading strategies that traders can choose from. There are over 150 rules available that make it simple for both novice and experienced traders to discover the best strategy for them. Additionally, traders can pause rules at any time, and receive daily emails with trading signals which can assist them in adjusting their strategies to market conditions.
Another great feature 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 intend to trade, the desired time frame, and the trading strategy and see how many trades the strategy opened and closed, as well as profits net, the percentage of profitability maximum drawdown, as well as profit factor. This is a useful tool for increasing confidence of traders in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to use Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader with a variety of options for traders of all levels. Prices range from $0 and up to $499.99 per month. traders are able to pay monthly or annually. The annual plans can offer discounts of up to percent.
Overall, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest possible level. With features such as automated trading, built-in strategies for trading, backtesting opportunities, and support for multiple trustworthy exchanges, Coinrule provides a reliable tool that can assist you in making the most out of any trading plan.