The world of trading cryptocurrency can be very exciting However, it can become time-consuming and stressful for many traders. This is the point where Coinrule comes in. Coinrule is an automated tool for trading that helps traders adhere to their cryptocurrency strategy without the need to constantly monitor the markets. It’s easy to use even for people with no programming knowledge, and provides various features that can take you trading experience to next level.
Coinrule was founded in the year 2017 London by a group of cryptocurrency and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrencies easier by offering an automated trading platform that can integrate safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its goal.
One of the most important features of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be extremely volatile, and it can be challenging for investors to stay up with constantly changing charts. Coinrule allows traders to set up trading rules and then analyzes the market and then makes trades that are compatible with their strategies. This means that traders can place their cryptocurrency trading on autopilot and not spend hours poring over charts.
Coinrule also offers integrated trading strategies that traders can select from. There are over 150 rules to choose from which makes it simple for both new and experienced traders to discover the best strategy for them. Furthermore, traders are able to 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. Traders can test out their trading strategy on historical market data using TradingView. They can select the coin they will be trading and the time frame they want to use and trading strategy and determine how many trades that the strategy opened and closed in addition to the net profit, the percentage of profitability, maximum drawdown, and profit percentage. This can be a helpful tool for increasing confidence of traders in the trading rules they design.
Coinrule has also been able to work with several reliable 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 that include Starter, Hobbyist Pro, and Trader offering different options to traders of all levels. Prices range from $0 to $499.99 per month, and traders are able to pay either monthly or annually. The yearly plans offer discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest level. With features like automatized trading, integrated strategies for trading as well as backtesting options, and support for a variety of trusted cryptocurrency exchanges Coinrule is a robust instrument that can aid you in making the most out of the trading strategies you employ.