The world of trading cryptocurrency can be quite exciting, but it can also be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule comes in. Coinrule is an automated tool for trading that helps traders stick to their cryptocurrency strategy without the need to constantly keep track of the market. It is easy to use even for those without coding knowledge, and provides a variety of features that can take your trading to the next level.
Coinrule was founded in 2017 in London by a group of crypto and blockchain enthusiasts. The company’s mission is at making trading cryptocurrencies less tedious by providing an automated trading platform which can be integrated safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over its goal.
One of the key aspects of Coinrule is the user-friendly automated trading. The market for cryptocurrency is very volatile and it is often hard for trader to keep track of 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 plan of action. This allows traders to set their cryptocurrency trading up to run on autopilot and not go through charts for hours.
Coinrule has built-in trading strategies that traders can select from. There are more than 150 trading rules to pick from which makes it simple for both novice and experienced traders to discover a strategy that works 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 excellent feature of Coinrule is its backtesting capabilities. Traders can test out their trading rules by using historical market data in TradingView. You can choose the currency they plan to trade, the desired time frame as well as the strategy for trading, and then determine how many trades that the strategy has opened and closed in addition to profits net, percentage of profitability as well as the maximum drawdown and profit percentage. This can be a helpful instrument to increase confidence of traders in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can integrate Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Trader, and Pro, offering different options to traders of all levels. Prices vary from $0 through $499.99 per month, and traders can choose to pay monthly or annually. Annual plans provide discounts of up to%.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the highest possible level. With features like automated trading, built-in strategies for trading as well as backtesting options, and support for a variety of trusted trading platforms, Coinrule provides a reliable tool that can assist you in making the most out of your trading strategy.