The world of trading in cryptocurrency can be very exciting, but it can also become time-consuming and stressful to many investors. This is where Coinrule comes in. Coinrule is an automated trading tool that helps traders stick to their crypto strategy without having to continuously be on the lookout for market trends. It’s simple to use even for people with no programming knowledge, and provides various features that can help you take your trading to the next level.
Coinrule was founded in 2017 in London by a group of blockchain and cryptocurrency enthusiasts. The company aims create a system that makes trading cryptocurrencies more efficient by providing an automated trading platform that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its goal.
One of the most important features of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be extremely volatile, and it can be hard for trader to keep track of the constantly changing charts. Coinrule allows traders to create trading rules, and then analyzes the market and then makes trades that match their plan of action. This means that traders can place their cryptocurrency trading up to run on autopilot and not have to go through charts for hours.
Coinrule provides integrated trading strategies that traders can choose from. There are more than 150 trading rules to pick from, making it easy for both new and experienced traders to choose an approach that is suitable for them. Additionally, traders can pause rules at any time and receive daily emails that contain trading signals to help them adapt their strategy according to the changing market.
Another wonderful characteristic of Coinrule is the possibility of backtesting. Investors can test their trading strategies based on historical market data using TradingView. They can select the coin they plan to trade, the desired time frame and trading strategy, and then determine how many trades that the strategy has opened and closed in addition to its net profits, the percentage of profitability as well as the maximum drawdown and profit percentage. This can be a helpful tool for increasing the trust of traders in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader with a variety of options for traders of all levels. Prices range from $0 through $499.99 per month, and traders are able to pay either monthly or annually. Annual plans provide 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 next level. With features such as automatic trading and built-in trading strategies with backtesting capabilities, as well as support for multiple trustworthy cryptocurrency exchanges Coinrule is a robust tool that will aid you in making the most of any trading plan.