The world of cryptocurrency trading can be quite exciting however, it can become time-consuming and stressful to many investors. This is where Coinrule comes in. Coinrule is an automated trading tool that can help traders stick to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It’s simple to use, even for those with no programming expertise, and comes with a variety of options to help you take you trading experience to next level.
Coinrule was established in 2017 , in London by a group of crypto and blockchain 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 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than the amount it had set for.
One of the key features of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be extremely volatile, and it is often challenging for investors to stay up with constantly changing charts. Coinrule lets traders establish trading rules and then monitors the market and makes trades that match their strategy. This means that traders can put their cryptocurrency trading on autopilot and not have to go through charts for hours.
Coinrule also offers integrated trading strategies that investors can select from. There are over 150 rules to choose from, making it easy for both new and experienced traders to discover an approach that is suitable for them. Furthermore, traders are able to pause rules at any time, and receive daily emails that contain trading signals to help them adapt their strategies to market conditions.
Another wonderful feature of Coinrule is its backtesting capabilities. Traders can test out their trading strategies based by using historical market data in TradingView. They can select the coin they will be trading as well as the timeframe they wish to trade as well as the strategy for trading, and then check how many trades the strategy has opened and closed, as well as profits net, percentage of profitability as well as the maximum drawdown and profit factor. This can be a helpful instrument to increase a trader’s confidence in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader, with different options for traders at all levels. Prices start at $0 and go up through $499.99 per month, and traders have the option of paying either monthly or annually. The annual plans can offer discounts of up to%.
All in all, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest possible level. With features like automatic trading and built-in trading strategies with backtesting capabilities, as well as the ability to support multiple trusted exchanges, Coinrule is a robust instrument that can help you make the most out of any trading plan.