The world of trading cryptocurrency can be very exciting, but it can also be time-consuming and overwhelming for many traders. 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 constantly monitor the markets. It’s simple to use, even for people with no programming knowledge, and provides many options that will help you take trades to the highest level.
Coinrule was established in the year 2017 in London by a group of crypto and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrencies easier by offering an automated platform for trading which can be integrated safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than the amount it had set for.
One of the main aspects of Coinrule is the easy to use automated trading. The markets for cryptocurrency can be very volatile and it can be challenging for investors to stay up with ever-changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that match their plan of action. This means that traders are able to place their cryptocurrency trading up to run on autopilot, and not look over charts for hours.
Coinrule also offers built-in trading strategies that traders can pick from. There are over 150 rules available that make it simple for both experienced and novice traders to choose an approach that is suitable for them. Furthermore, traders are able to pause rules at any time, and they will receive free daily emails with signals for trading to help them adapt their strategy to the market.
Another great aspect of Coinrule is the possibility of backtesting. Traders can test out their trading strategies based with historical market data by using TradingView. They can choose the cryptocurrency they will be trading and the time frame they want to use and trading strategy to check how many trades were opened and closed and also profits net, the percentage of profitability, maximum drawdown, and profit percentage. This can be an effective method to boost confidence of traders in the trading rules they create.
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 integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Pro, and Trader with different options for traders at all levels. Prices range from $0 and up to $499.99 per month, and traders can choose to pay either monthly or annually. The annual plans can offer discounts up to 25 percent.
All in all, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the next level. With features such as automated trading, built-in trading strategies with backtesting capabilities, as well as the ability to support multiple trusted trading platforms, Coinrule can be a powerful instrument that can assist you in making the most of any trading plan.