The world of trading in cryptocurrency can be quite exciting however, it can become time-consuming and stressful to many investors. 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 having to continuously keep track of the market. It is easy to use even for those with no programming expertise, and comes with a variety of options that will help you take trades to the next level.
Coinrule was established in 2017 , in London by a group of crypto and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrency more efficient by providing an automated trading platform which can be integrated safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above its goal.
One of the key aspects of Coinrule is the user-friendly automated trading. The market for cryptocurrency is extremely 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 examines the market and make 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 go through charts for hours.
Coinrule provides integrated trading strategies that investors can select from. There are over 150 rules to choose from that make it simple for both new and experienced traders to find a strategy that works for them. Additionally, traders can pause rules at any point, and they will receive free daily emails with signals for trading which can assist them in adjusting their strategy to the market.
Another great aspect of Coinrule is the possibility of backtesting. Investors can test their trading rules on historical market data using TradingView. They can choose the cryptocurrency they intend to trade and the time frame they want to use, and the trading strategy and check how many trades the strategy has opened and closed, as well as its net profits, percentage of profitability as well as the maximum drawdown and profit percentage. This can be a helpful instrument to increase confidence of traders in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges, such as 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 levels, Starter, Hobbyist, Pro, and Trader, offering different options to traders at all levels. Prices start at $0 and go up to $499.99 per month. traders can choose to pay each month or annually. The annual plans can offer discounts up to 25%.
In the end, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the highest level. With features like automated trading, built-in trading strategies, backtesting opportunities, and support for a variety of trusted exchanges, Coinrule is a robust tool that will help you make the most of the trading strategies you employ.