The world of trading cryptocurrency is quite thrilling However, it can be time-consuming and overwhelming to many investors. This is where Coinrule comes in. Coinrule is an automated trading tool that helps traders stick to their cryptocurrency strategy without having to continuously monitor the markets. It’s easy to use, even for people with no programming experience, and offers a variety of options that will take your trading to the highest step.
Coinrule was founded in the year 2017 London by a team of crypto and blockchain enthusiasts. The company aims to make trading in cryptocurrencies easier by offering an automated trading platform which can be integrated safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above the amount it had set for.
One of the key features of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be extremely volatile, and it can be difficult for traders to keep track of the ever-changing charts. Coinrule allows traders to create trading rules, and then analyzes the market and then makes trades that are compatible with their strategies. This means that traders are able to put their cryptocurrency trading up to run on autopilot and not spend hours poring over charts.
Coinrule also offers integrated trading strategies that traders can pick from. There are over 150 rules available that make it simple for both experienced and novice traders to discover the best strategy for them. Furthermore, traders are able to pause rules at any point, and will be sent daily emails that contain trading signals to help them adapt their strategy to the market.
Another excellent characteristic of Coinrule is the possibility of backtesting. The traders can test their trading strategy by using historical market data in TradingView. You can choose the currency they plan to trade and the time frame they want to use and trading strategy to determine how many trades that the strategy has opened and closed in addition to its net profits, percentage of profit as well as the maximum drawdown and profit factor. This can be an effective tool for increasing 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 tiers that include Starter, Hobbyist Pro, and Trader with different options for traders of all levels. Prices start at $0 and go up and up to $499.99 per month, and traders are able to pay either monthly or annually. The yearly plans offer discounts of up to percent.
Overall, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest possible level. With features such as automatized trading, integrated trading strategies as well as backtesting options, and support for multiple trustworthy exchanges, Coinrule provides a reliable tool that will help you make the most out of the trading strategies you employ.