The world of trading in cryptocurrency can be quite exciting however, it can be time-consuming and overwhelming 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 cryptocurrency strategy without having to continuously monitor the markets. It’s simple to use even for those without coding knowledge, and provides many options to take your trading to the next step.
Coinrule was established in 2017 in London by a team of crypto and blockchain enthusiasts. The company aims to make trading in cryptocurrency more efficient by providing an automated trading platform which can be integrated safely with multiple 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 features of Coinrule is its user-friendly 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 lets traders create trading rules, and then examines the market and make trades that fit into their strategy. This allows traders to set their cryptocurrency trading up to run on autopilot and not go through charts for hours.
Coinrule has integrated trading strategies that investors can select from. There are more than 150 rules to choose from which makes it simple for both new and experienced traders to find the best strategy for them. Additionally, traders can pause rules at any time and they will receive free daily emails with signals for trading which can assist them in adjusting their strategy to the market.
Another great aspect of Coinrule is the possibility of backtesting. Investors can test their trading rules on historical market data using TradingView. They can choose the cryptocurrency they will be trading as well as the timeframe they wish to trade, and the trading strategy to see how many trades were opened and closed, as well as its net profits, percentage of profitability, maximum drawdown, and profit factor. This can be an effective instrument to increase confidence of traders in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to integrate Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Trader, and Pro, with a variety of options for traders of all levels. Prices vary from $0 to $499.99 per month, and traders can choose to pay monthly or annually. The annual plans can offer discounts of up to 25%.
In the end, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the highest level. With features like automatized trading, integrated trading strategies as well as backtesting options, and support for a variety of trusted trading platforms, Coinrule can be a powerful tool that can aid you in making the most out of the trading strategies you employ.