The world of trading cryptocurrency is quite thrilling however, it can be time-consuming and overwhelming for many traders. This is the point where Coinrule is able to help. Coinrule is an automated tool for trading that helps traders stick to their crypto strategy without the need to constantly keep track of the market. It is easy to use even for people with no programming knowledge, and provides many options to boost you trading experience to next step.
Coinrule was established in the year 2017 London by a team of blockchain and cryptocurrency enthusiasts. The company’s mission is create a system that makes trading cryptocurrency less tedious by providing an automated platform for trading that can integrate safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over its goal.
One of the main features of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be extremely volatile, and it can be challenging for investors to stay up with the constantly changing charts. Coinrule lets traders create trading rules, and then monitors the market and makes trades that fit into their plan of action. This means that traders can set their cryptocurrency trading to autopilot, and not spend hours poring over charts.
Coinrule has integrated trading strategies that investors can select from. There are more than 150 rules to choose from, making it easy for both experienced and novice traders to discover an approach that is suitable for them. Additionally, traders can pause rules at any time, and receive daily emails with trading signals which can assist them in adjusting their strategy to the market.
Another excellent feature of Coinrule is its backtesting opportunities. Investors 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 to see how many trades the strategy opened and closed, as well as the net profit, percentage of profitability maximum drawdown, as well as profit factor. This can be an effective instrument to increase confidence of traders in their trading strategies they develop.
Coinrule is also compatible with a variety of reliable exchanges, including 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 levels including Starter, Hobbyist Pro, and Trader, with different options for traders at 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 next level. With features such as automatic trading and built-in strategies for trading, backtesting opportunities, and the ability to support multiple trusted exchanges, Coinrule provides a reliable tool that can aid you in making the most of the trading strategies you employ.