The world of trading in cryptocurrency can be very exciting, but it can also 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 crypto strategy without having to constantly be on the lookout for market trends. It is easy to use even for people with no programming expertise, and comes with a variety of features that can boost trades to the next step.
Coinrule was established in the year the year 2017 London by a team of blockchain and cryptocurrency enthusiasts. The company aims to make trading in cryptocurrencies less tedious by providing an automated platform for trading that is able to integrate securely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over the amount it had set for.
One of the most important advantages of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is very volatile and it is often difficult for traders to keep track of the ever-changing charts. Coinrule allows traders to establish trading rules and then monitors the market and makes trades that are compatible with their strategy. This means that traders are able to put their cryptocurrency trading up to run on autopilot and not have to look over charts for hours.
Coinrule provides built-in trading strategies that traders can pick from. There are over 150 rules to choose from that make it simple for both experienced and novice traders to find a strategy that works for them. Furthermore, traders are able to pause rules at any point, and will be sent daily emails that contain trading signals which can assist them in adjusting their strategy according to the changing market.
Another excellent characteristic of Coinrule is its backtesting capabilities. The traders can test their trading strategy by using historical market data in TradingView. They can select the coin they plan to trade as well as the timeframe they wish to trade as well as the strategy for trading and see how many trades the strategy has opened and closed and also profits net, the percentage of profitability maximum drawdown, as well as profit factor. This can be a helpful method to boost confidence of traders in the trading rules they create.
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 use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader with different options for traders of all levels. Prices range from $0 to $499.99 per month. traders have the option of paying monthly or annually. The yearly plans offer discounts up to 25 percent.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest level. With features like automated trading, built-in strategies for trading with backtesting capabilities, as well as the ability to support multiple trusted trading platforms, Coinrule can be a powerful tool that will aid you in making the most out of the trading strategies you employ.