The world of trading in cryptocurrency is quite thrilling however, it can be time-consuming and overwhelming to many investors. This is where Coinrule comes in. Coinrule is an automated tool for trading that helps traders stick to their crypto strategy without having to constantly keep track of the market. It is easy to use, even for those with no programming expertise, and comes with a variety of features that can boost your trading to the highest step.
Coinrule was established in 2017 , in London by a team of cryptocurrency and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrencies more efficient by providing an automated trading platform which can be integrated safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above its target.
One of the most important features of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be highly volatile and it is often hard for trader to keep track of the constantly changing charts. Coinrule allows traders to establish trading rules and then analyzes the market and then makes trades that match their strategy. This allows traders to place their cryptocurrency trading on autopilot and not go through charts for hours.
Coinrule has built-in trading strategies that traders can choose from. There are more than 150 rules to choose from, making it easy for both new and experienced traders to choose the best strategy for them. Additionally, traders can pause rules at any point, and will be sent daily emails that contain trading signals which can assist them in adjusting their strategies to market conditions.
Another excellent characteristic of Coinrule is the possibility of backtesting. Investors can test their trading strategies based by using historical market data in TradingView. They can choose the cryptocurrency they will be trading and the time frame they want to use as well as the strategy for trading, and then see how many trades the strategy opened and closed, as well as profits net, percentage of profit maximum drawdown, as well as profit factor. This can be an effective instrument to increase a trader’s confidence in their trading strategies they develop.
Coinrule also supports multiple trustworthy 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 levels including Starter, Hobbyist Pro, and Trader, offering different options to traders at all levels. Prices vary from $0 through $499.99 per month. traders can choose to pay each month or annually. The annual plans can offer discounts of up to 25%.
All in all, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the next level. With features like automatized trading, integrated strategies for trading as well as backtesting options, and the ability to support multiple trusted exchanges, Coinrule can be a powerful instrument that can help you make the most of your trading strategy.