The world of trading cryptocurrency can be quite exciting However, it can be time-consuming and overwhelming for many traders. This is where Coinrule is able to help. Coinrule is an automated trading tool that can help traders stick to their crypto strategy without having to continuously monitor the markets. It is easy to use, even for those without coding expertise, and comes with many features that can help you take your trading to the next level.
Coinrule was founded in 2017 , in London by a team of cryptocurrency and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrency easier by offering an automated trading platform which can be integrated safely with several 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 easy-to-use automated trading system. The cryptocurrency markets can be extremely volatile, and it can be difficult for traders to keep track of the constantly changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that match their strategies. This means that traders can place their cryptocurrency trading up to run on autopilot, and not go through charts for hours.
Coinrule also offers integrated trading strategies that investors can choose from. There are over 150 rules available, making it easy for both new and experienced traders to choose the best strategy for them. Furthermore, traders are able to pause rules at any time and they will receive free daily emails that contain trading signals that can help them adjust their strategy to the market.
Another wonderful characteristic of Coinrule is the possibility of backtesting. Investors can test their trading rules by using historical market data in TradingView. They can choose the cryptocurrency they intend to trade and the time frame they want to use as well as the strategy for trading and determine how many trades that the strategy opened and closed and also its net profits, the percentage of profit maximum drawdown, as well as profit percentage. This is a useful tool for increasing confidence of traders in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to use Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Trader, and Pro, with different options for traders at all levels. Prices start at $0 and go up through $499.99 per month. traders can choose to pay either monthly or annually. Annual plans provide discounts of up to 25%.
Overall, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest possible level. With features like automatic trading and built-in trading strategies as well as backtesting options, and the ability to support multiple trusted exchanges, Coinrule can be a powerful tool that will help you make the most out of any trading plan.