The world of cryptocurrency trading can be quite exciting, but it can also be time-consuming and overwhelming to many investors. This is the point where Coinrule is able to help. Coinrule is an automated trading tool that helps traders stick to their crypto strategy without having to constantly be on the lookout for market trends. It is easy to use even for those without coding experience, and offers a variety of features that can boost you trading experience to next step.
Coinrule was founded in 2017 , in London by a group of crypto and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrency 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, greater than 200% over its goal.
One of the key aspects of Coinrule is the easy-to-use automated trading system. The market for cryptocurrency is very volatile and it is often hard for trader to keep track of the constantly changing charts. Coinrule lets traders set up trading rules and then monitors the market and makes trades that are compatible with their strategies. This means that traders are able to put their cryptocurrency trading to autopilot and not look over charts for hours.
Coinrule also offers integrated trading strategies that traders can choose from. There are more than 150 rules to choose from, making it easy for both new and experienced traders to find an approach that is suitable for them. In addition, traders can stop rules at any point, and they will receive free daily emails with signals for trading that can help them adjust their strategy according to the changing market.
Another excellent feature of Coinrule is its backtesting opportunities. Traders can test out their trading strategies based with historical market data by using TradingView. They can select the coin they will be trading as well as the timeframe they wish to trade and trading strategy, and then determine how many trades that the strategy has opened and closed, as well as profits net, percentage of profitability maximum drawdown, as well as the profit ratio. This can be an effective tool for increasing confidence of traders in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to use Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Pro, and Trader offering different options to traders of all levels. Prices start at $0 and go up to $499.99 per month, and traders can choose to pay each month or annually. Annual plans provide discounts up to 25 percent.
All in all, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest possible level. With features such as automatic trading and built-in strategies for trading with backtesting capabilities, as well as support for a variety of trusted exchanges, Coinrule provides a reliable instrument that can help you make the most out of any trading plan.