The world of trading cryptocurrency is quite thrilling 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 the need to constantly keep track of the market. It’s simple to use even for those with no programming expertise, and comes with various features that can help you take trades to the highest level.
Coinrule was established in 2017 , in London by a group of cryptocurrency and blockchain enthusiasts. The company aims to make trading in 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, greater than 200% over its target.
One of the key features of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is extremely volatile, and it is often challenging for investors to stay up with the constantly changing charts. Coinrule allows traders to set up trading rules and then analyzes the market and then makes trades that fit into their strategy. This allows traders to set their cryptocurrency trading up to run on autopilot and not have to spend hours poring over charts.
Coinrule has integrated trading strategies that investors can pick from. There are more than 150 rules available that make it simple for both experienced and novice traders to choose a strategy that works for them. Additionally, traders can pause rules at any point, and they will receive free daily emails with trading signals which can assist them in adjusting their strategies to market conditions.
Another great characteristic of Coinrule is its backtesting opportunities. Traders can test out their trading strategy by using historical market data in TradingView. You can choose the currency they plan to trade, the desired time frame and trading strategy, and then see how many trades were opened and closed in addition to profits net, the percentage of profitability as well as the maximum drawdown and profit factor. This is a useful instrument to increase confidence of traders in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to connect Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader with a variety of options for traders of all levels. Prices range from $0 to $499.99 per month, and traders have the option of paying monthly or annually. Annual plans provide discounts of up to 25 percent.
Overall, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest level. With features like automatic trading and built-in strategies for trading as well as backtesting options, and support for multiple trustworthy trading platforms, Coinrule is a robust instrument that can help you make the most out of any trading plan.