The world of trading in cryptocurrency is quite thrilling however, it can be time-consuming and overwhelming for many traders. This is where Coinrule comes in. Coinrule is an automated trading tool that can help traders stick to their crypto strategy without having to continuously monitor the markets. It’s easy to use even for people with no programming expertise, and comes with many options to help you take you trading experience to next level.
Coinrule was established in 2017 in London by a team of cryptocurrency and blockchain enthusiasts. The company aims at making trading cryptocurrencies 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) through Seedrs, over 200% more than the amount it had set for.
One of the main aspects of Coinrule is the easy-to-use automated trading system. The cryptocurrency markets can be highly volatile and it can be hard for trader to keep up with the constantly changing charts. Coinrule lets traders establish trading rules and then examines the market and make trades that are compatible with their plan of action. This allows traders to place their cryptocurrency trading on autopilot, and not spend hours poring over charts.
Coinrule provides integrated trading strategies that investors can select from. There are over 150 rules to choose from that make it simple for both novice and experienced traders to discover the best strategy for them. In addition, traders can stop rules at any time, and will be sent daily emails that contain trading signals that can help them adjust their strategies to market conditions.
Another great aspect of Coinrule is the possibility of backtesting. The traders can test their trading strategies based with historical market data by using TradingView. They can select the coin they plan to trade and the time frame they want to use as well as the strategy for trading and determine how many trades that were opened and closed and also the net profit, the percentage of profit as well as the maximum drawdown and the profit ratio. This can be a helpful method to boost a trader’s confidence in their trading strategies they develop.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader with a variety of options for traders at all levels. Prices vary from $0 and up to $499.99 per month, and traders can choose to pay either monthly or annually. The yearly plans offer discounts of up to percent.
In the end, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the next level. With features like automated trading, built-in trading strategies, backtesting opportunities, and support for a variety of trusted cryptocurrency exchanges Coinrule can be a powerful instrument that can help you make the most out of any trading plan.