The world of trading in cryptocurrency can be quite exciting, but it can also become time-consuming and stressful for many traders. This is where Coinrule comes in. Coinrule is an automated trading tool that can help traders stick to their cryptocurrency strategy without having to continuously keep track of the market. It’s simple to use even for those with no programming expertise, and comes with many features that can take you trading experience to highest step.
Coinrule was founded in the year 2017 London by a team of blockchain and cryptocurrency enthusiasts. Its goal is to make trading in cryptocurrency easier by offering an automated trading platform that can integrate safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its target.
One of the most important aspects of Coinrule is the user-friendly automated trading. The markets for cryptocurrency can be very volatile and it can be difficult for traders to keep track of the constantly changing charts. Coinrule allows traders to set up trading rules and then examines the market and make trades that match their strategy. This allows traders to place their cryptocurrency trading on autopilot and not have to look over charts for hours.
Coinrule provides integrated trading strategies that investors can select from. There are more than 150 rules available that make it simple 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 trading signals that can help them adjust their strategies to market conditions.
Another wonderful feature of Coinrule is its backtesting opportunities. Traders can test out their trading strategy with historical market data by using TradingView. You can choose the currency they plan to trade and the time frame they want to use and trading strategy and check how many trades the strategy opened and closed, as well as profits net, the percentage of profitability as well as the maximum drawdown and profit factor. This is a useful tool for increasing confidence 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 integrate 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 vary from $0 through $499.99 per month. traders have the option of paying monthly or annually. Annual plans provide discounts of up to percent.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest level. With features such as automated trading, built-in strategies for trading, backtesting opportunities, and support for multiple trustworthy exchanges, Coinrule provides a reliable tool that can help you make the most of any trading plan.