The world of trading cryptocurrency can be quite exciting however, it can become time-consuming and stressful for many traders. This is the point where Coinrule is able to help. Coinrule is an automated tool for trading that helps traders adhere to their cryptocurrency strategy without having to constantly be on the lookout for market trends. It’s simple to use, even for those without coding expertise, and comes with a variety of options to take you trading experience to next level.
Coinrule was established in 2017 in London by a team of crypto and blockchain enthusiasts. Its goal is at making trading cryptocurrency more efficient by providing 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, more than 200% above the amount it had set for.
One of the main aspects of Coinrule is the user-friendly automated trading. The market for cryptocurrency is extremely volatile, and it is often challenging for investors to stay up with the ever-changing charts. Coinrule lets traders establish trading rules and then monitors the market and makes trades that match their strategies. This means that traders are able to put their cryptocurrency trading to autopilot and not spend hours poring over charts.
Coinrule also offers integrated trading strategies that traders can select from. There are over 150 rules to choose from that make it simple for both experienced and novice traders to choose an approach that is suitable for them. In addition, traders can stop rules at any point, and will be sent daily emails with trading signals that can help them adjust their strategy according to the changing market.
Another great aspect of Coinrule is its backtesting capabilities. The traders can test their trading strategies based by using historical market data in TradingView. You can choose the currency they intend to trade as well as the timeframe they wish to trade and trading strategy and determine how many trades that were opened and closed and also the net profit, percentage of profitability, maximum drawdown, and profit percentage. This is a useful instrument to increase the trust of traders in their trading strategies they develop.
Coinrule is also compatible with a variety of reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can use Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Trader, and Pro, offering different options to traders at all levels. Prices vary from $0 and up to $499.99 per month, and traders can choose to pay either monthly or annually. Annual plans provide discounts up to 25%.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest level. With features like automatic trading and built-in trading strategies as well as backtesting options, and support for a variety of trusted cryptocurrency exchanges Coinrule can be a powerful instrument that can assist you in making the most out of the trading strategies you employ.