The world of trading in cryptocurrency is quite thrilling, but it can also be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule comes in. Coinrule is an automated tool for trading that helps traders adhere to their cryptocurrency strategy without having to continuously keep track of the market. It’s easy to use, even for those with no programming experience, and offers a variety of options that will take trades to the next level.
Coinrule was founded in 2017 , in London by a team of blockchain and cryptocurrency enthusiasts. The company aims create a system that makes trading cryptocurrency more efficient by providing an automated trading platform which can be integrated safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than its goal.
One of the most important aspects of Coinrule is the user-friendly automated trading. The cryptocurrency markets can be highly volatile and it is often challenging for investors to stay up with the constantly changing charts. Coinrule lets traders establish trading rules and then monitors the market and makes trades that fit into their plan of action. This allows traders to set their cryptocurrency trading up to run on autopilot, and not spend hours poring over charts.
Coinrule has built-in trading strategies that traders can pick from. There are over 150 rules available that make it simple for both experienced and novice traders to choose a strategy that works for them. Furthermore, traders are able to pause rules at any time and receive daily emails with signals for trading that can help them adjust their strategy to the market.
Another wonderful aspect of Coinrule is its backtesting opportunities. Investors can test their trading strategy with historical market data by using TradingView. They can select the coin they intend to trade, the desired time frame as well as the strategy for trading, and then see how many trades the strategy opened and closed in addition to profits net, the percentage of profit, maximum drawdown, and profit percentage. This is a useful tool for increasing a trader’s confidence in the trading rules they design.
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 use Coinrule seamlessly with any of 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 monthly or annually. Annual plans provide discounts up to 25%.
In the end, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest possible level. With features such as automatic trading and built-in strategies for trading as well as backtesting options, and support for multiple trustworthy exchanges, Coinrule provides a reliable tool that will help you make the most of the trading strategies you employ.