The world of cryptocurrency trading is quite thrilling, but it can also become time-consuming and stressful in the eyes of many trader. This is the point where Coinrule is able to help. Coinrule is an automated trading tool that helps traders stick to their crypto strategy without having to continuously monitor the markets. It’s simple to use even for those with no programming knowledge, and provides various options that will boost your trading to the next level.
Coinrule was founded in 2017 , in London by a team of crypto and blockchain enthusiasts. The company aims at making trading cryptocurrency more efficient by providing an automated platform for trading which can be integrated safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than its target.
One of the main aspects of Coinrule is the easy-to-use automated trading system. The cryptocurrency markets can be extremely volatile, and it is often difficult for traders to keep up with ever-changing charts. Coinrule lets traders set up trading rules and then analyzes the market and then makes trades that match their strategy. This means that traders can put their cryptocurrency trading on autopilot and not go through charts for hours.
Coinrule provides integrated trading strategies that investors can choose from. There are over 150 rules available which makes it simple for both novice and experienced traders to discover the best strategy for them. Additionally, traders can pause rules at any time, and receive daily emails with signals for trading which can assist them in adjusting their strategy according to the changing market.
Another excellent characteristic of Coinrule is its backtesting capabilities. Investors can test their trading strategies based on historical market data using TradingView. You can choose the currency they plan to trade, the desired time frame as well as the strategy for trading and check how many trades the strategy opened and closed, as well as its net profits, the percentage of profit as well as the maximum drawdown and profit factor. This can be an effective method to boost a trader’s confidence in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to use Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader offering different options to traders of all levels. Prices range from $0 through $499.99 per month, and traders can choose to pay monthly or annually. Annual plans provide discounts of up to 25%.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest level. With features such as automatized trading, integrated strategies for trading, backtesting opportunities, and support for multiple trustworthy cryptocurrency exchanges Coinrule is a robust tool that can aid you in making the most out of your trading strategy.