The world of trading in cryptocurrency is quite thrilling, but it can also become time-consuming and stressful to many investors. This is the point where Coinrule is able to help. Coinrule is an automated trading tool that helps traders stick to their cryptocurrency strategy without having to constantly be on the lookout for market trends. It is easy to use, even for those with no programming expertise, and comes with a variety of options that will help you take your trading to the highest level.
Coinrule was established 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 various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than the amount it had set for.
One of the key advantages of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is extremely volatile, and it is often hard for trader to keep up with the constantly changing charts. Coinrule allows traders to create trading rules, and then examines the market and make trades that are compatible with their strategies. This means that traders can place their cryptocurrency trading up to run on autopilot and not look over charts for hours.
Coinrule has built-in trading strategies that traders can choose from. There are over 150 rules to choose from, making it easy for both novice and experienced traders to find a strategy that works for them. Additionally, traders can pause rules at any time and receive daily emails with signals for trading to help them adapt their strategy according to the changing market.
Another excellent aspect of Coinrule is the possibility of backtesting. Traders can test out their trading strategies based on historical market data using TradingView. They can choose the cryptocurrency they plan to trade as well as the timeframe they wish to trade and trading strategy and determine how many trades that the strategy opened and closed, as well as the net profit, the percentage of profit, maximum drawdown, and profit factor. This can be an effective method to boost the trust 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. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels including 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 can choose to pay either monthly or annually. Annual plans provide discounts of up to%.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest possible level. With features such as automatic trading and built-in trading strategies, backtesting opportunities, and support for a variety of trusted trading platforms, Coinrule provides a reliable tool that will aid you in making the most of any trading plan.