The world of cryptocurrency trading is quite thrilling, but it can also become time-consuming and stressful in the eyes of many trader. This is where Coinrule comes in. Coinrule is an automated tool for trading that helps traders stick to their crypto strategy without the need to constantly be on the lookout for market trends. It’s simple to use, even for those with no programming expertise, and comes with many options to help you take you trading experience to next level.
Coinrule was founded in 2017 , in London by a team of cryptocurrency and blockchain enthusiasts. Its goal is to make trading in cryptocurrency easier by offering an automated trading platform that can integrate safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above its target.
One of the main advantages of Coinrule is its easy to use automated trading. The market for cryptocurrency is very volatile and it is often hard for trader to keep track of the ever-changing charts. Coinrule lets traders set up trading rules and then monitors the market and makes trades that are compatible with their plan of action. This means that traders are able to place their cryptocurrency trading on autopilot, and not spend hours poring over charts.
Coinrule also offers integrated trading strategies that investors can select from. There are over 150 rules available that make it simple for both new and experienced traders to find an approach that is suitable for them. Furthermore, traders are able to pause rules at any time and will be sent daily emails with signals for trading that can help them adjust their strategy to the market.
Another great aspect of Coinrule is the possibility of backtesting. Traders can test out their trading strategy by using historical market data in TradingView. They can select the coin they intend to trade, the desired time frame as well as the strategy for trading to see how many trades the strategy has opened and closed in addition to profits net, percentage of profit maximum drawdown, as well as the profit ratio. This can be a helpful instrument to increase confidence of traders in the trading rules they create.
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 connect Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Trader, and Pro, offering different options to traders at all levels. Prices range from $0 and up to $499.99 per month. traders can choose to pay monthly or annually. The annual plans can offer discounts up to 25 percent.
Overall, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest level. With features such as automated trading, built-in trading strategies, backtesting opportunities, and support for multiple trustworthy cryptocurrency exchanges Coinrule provides a reliable tool that will assist you in making the most of your trading strategy.