The world of trading cryptocurrency can be very 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 monitor the markets. It’s easy to use even for those with no programming experience, and offers many options that will boost trades to the highest step.
Coinrule was established in the year the year 2017 London by a team of crypto and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrency less tedious by providing an automated trading platform that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than the amount it had set for.
One of the key aspects of Coinrule is the easy to use automated trading. The market for cryptocurrency is extremely volatile, and it can be difficult for traders to keep up with the constantly changing charts. Coinrule allows traders to create trading rules, and then examines the market and make trades that match their strategy. This means that traders are able to set their cryptocurrency trading to autopilot, and not spend hours poring over charts.
Coinrule provides built-in trading strategies that traders can select from. There are more than 150 rules available that make it simple for both new 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 with trading signals to help them adapt their strategy according to the changing market.
Another excellent feature of Coinrule is its backtesting capabilities. The traders can test their trading strategies based by using historical market data in TradingView. You can choose the currency they will be trading, the desired time frame, and the trading strategy to determine how many trades that the strategy opened and closed and also profits net, percentage of profitability as well as the maximum drawdown and the profit ratio. This is a useful instrument to increase the trust 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. So, traders are able to connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Trader, and Pro, offering different options to traders at all levels. Prices vary from $0 to $499.99 per month, and traders can choose to pay either monthly or annually. The yearly plans offer discounts of up to 25%.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the next level. With features like automated trading, built-in trading strategies with backtesting capabilities, as well as support for a variety of trusted cryptocurrency exchanges Coinrule provides a reliable tool that can aid you in making the most out of any trading plan.