The world of trading cryptocurrency is quite thrilling, but it can also be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule comes in. Coinrule is an automated trading tool that helps traders stick to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It’s easy to use, even for those without coding knowledge, and provides various options to take you trading experience to highest step.
Coinrule was founded in 2017 , in London by a group of cryptocurrency and blockchain enthusiasts. The company’s mission is at making trading cryptocurrency less tedious by providing an automated trading platform that can integrate safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its target.
One of the key aspects of Coinrule is the user-friendly automated trading. The markets for cryptocurrency can be very volatile and it is often hard for trader to keep up with ever-changing charts. Coinrule allows traders to establish trading rules and then analyzes the market and then makes trades that are compatible with their strategies. This allows traders to set their cryptocurrency trading on autopilot, and not go through charts for hours.
Coinrule has integrated trading strategies that investors can choose from. There are over 150 trading rules to pick from, making it easy for both new and experienced traders to find the best strategy for them. Additionally, traders can pause rules at any point, and will be sent daily emails with signals for trading which can assist them in adjusting their strategy to the market.
Another great feature of Coinrule is its backtesting opportunities. Investors can test their trading strategy by using historical market data in TradingView. You can choose the currency they plan to trade, the desired time frame as well as the strategy for trading and see how many trades the strategy has opened and closed, as well as profits net, the percentage of profit as well as the maximum drawdown and the profit ratio. This can be a helpful method to boost the trust of traders in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader with a variety of options for traders at all levels. Prices range from $0 and up to $499.99 per month. traders are able to pay monthly or annually. The yearly plans offer discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the next level. With features like automatized trading, integrated trading strategies with backtesting capabilities, as well as the ability to support multiple trusted cryptocurrency exchanges Coinrule is a robust tool that can aid you in making the most of any trading plan.