The world of trading in cryptocurrency can be very 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 crypto strategy without having to continuously be on the lookout for market trends. It’s easy to use even for people with no programming expertise, and comes with many options that will help you take you trading experience to highest step.
Coinrule was established in the year 2017 in London by a group of crypto and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrency less tedious by providing an automated platform for trading that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its target.
One of the main advantages of Coinrule is its user-friendly automated trading. The market for cryptocurrency is highly volatile and it can be challenging for investors to stay track of the ever-changing charts. Coinrule allows traders to set up trading rules and then monitors the market and makes trades that are compatible with their strategies. This allows traders to set their cryptocurrency trading to autopilot, and not look over charts for hours.
Coinrule provides integrated trading strategies that investors can pick from. There are more than 150 trading rules to pick from, making it easy for both novice and experienced traders to find an approach that is suitable for them. Additionally, traders can pause rules at any point, and receive daily emails with signals for trading that can help them adjust their strategies to market conditions.
Another wonderful feature of Coinrule is its backtesting opportunities. The traders can test their trading strategy with historical market data by using TradingView. You can choose the currency they plan to trade as well as the timeframe they wish to trade and trading strategy, and then check how many trades were opened and closed in addition to its net profits, percentage of profitability maximum drawdown, as well as profit factor. This can be an effective method to boost a trader’s confidence in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges like 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 tiers, Starter, Hobbyist, Pro, and Trader, with a variety of options for traders of all levels. Prices start at $0 and go up to $499.99 per month, and traders are able to pay each month or annually. The annual plans can offer discounts up to 25%.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest possible level. With features like automatic trading and built-in trading strategies, backtesting opportunities, and support for a variety of trusted trading platforms, Coinrule is a robust instrument that can help you make the most out of the trading strategies you employ.