The world of trading in cryptocurrency can be very 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 tool for trading that helps traders stick to their crypto strategy without having to constantly be on the lookout for market trends. It is easy to use, even for those without coding knowledge, and provides many options that will take your trading to the highest level.
Coinrule was founded in 2017 , in London by a group of crypto and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrency more efficient by providing an automated platform for trading which can be integrated safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above the amount it had set for.
One of the main advantages of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be highly volatile and it is often challenging for investors to stay track of the ever-changing charts. Coinrule allows traders to establish trading rules and then analyzes the market and then makes trades that are compatible with their plan of action. This means that traders can set their cryptocurrency trading on autopilot and not look over charts for hours.
Coinrule has built-in trading strategies that traders can select from. There are over 150 trading rules to pick from, making it easy for both experienced and novice traders to choose the best strategy for them. Additionally, traders can pause rules at any time, and receive daily emails that contain trading signals to help them adapt their strategy according to the changing market.
Another wonderful feature of Coinrule is its backtesting opportunities. The traders can test their trading strategies based on historical market data using TradingView. They can select the coin they plan to trade and the time frame they want to use and trading strategy to see how many trades were opened and closed and also the net profit, the percentage of profitability, maximum drawdown, and the profit ratio. This can be a helpful tool for increasing confidence of traders in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges, including 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 levels including Starter, Hobbyist Trader, and Pro, with different options for traders at all levels. Prices vary from $0 and up to $499.99 per month. traders are able to pay monthly or annually. The annual plans can offer discounts up to 25%.
In the end, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest possible level. With features such as automatized trading, integrated trading strategies as well as backtesting options, and the ability to support multiple trusted exchanges, Coinrule is a robust tool that can aid you in making the most out of your trading strategy.