The world of trading cryptocurrency can be very exciting, but it can also become time-consuming and stressful in the eyes of many trader. This is the point where Coinrule is able to help. Coinrule is an automated trading tool that can help traders adhere to their cryptocurrency strategy without having to constantly be on the lookout for market trends. It’s easy to use, even for those with no programming expertise, and comes with many options that will help you take your trading to the highest level.
Coinrule was established in 2017 in London by a group of blockchain and cryptocurrency enthusiasts. The company aims to make trading in cryptocurrencies easier by offering an automated trading platform that is able to integrate securely with multiple 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 main aspects of Coinrule is the easy to use automated trading. The market for cryptocurrency is highly volatile and it can be difficult for traders to keep up with the ever-changing charts. Coinrule allows traders to set up trading rules and then examines the market and make trades that are compatible with their strategy. This allows traders to set their cryptocurrency trading on autopilot and not have to spend hours poring over charts.
Coinrule also offers integrated trading strategies that traders can pick from. There are over 150 rules to choose from, making it easy for both experienced and novice traders to choose the best strategy for them. Furthermore, traders are able to pause rules at any point, and will be sent daily emails with signals for trading to help them adapt their strategy according to the changing market.
Another excellent characteristic of Coinrule is the possibility of backtesting. Investors can test their trading strategy by using historical market data in TradingView. You can choose the currency they intend to trade, the desired time frame and trading strategy to 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 method to boost confidence of traders in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can use Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader, with different options for traders at all levels. Prices range from $0 to $499.99 per month. traders have the option of paying either monthly or annually. The yearly plans offer discounts of up to%.
In the end, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest possible level. With features like automated trading, built-in trading strategies, backtesting opportunities, and support for multiple trustworthy trading platforms, Coinrule provides a reliable instrument that can assist you in making the most of the trading strategies you employ.