The world of trading cryptocurrency is quite thrilling, but it can also become time-consuming and stressful in the eyes of many trader. This is the point where Coinrule comes in. Coinrule is an automated trading tool that helps traders adhere to their cryptocurrency strategy without the need to constantly monitor the markets. It’s easy to use, even for people with no programming knowledge, and provides a variety of options that will take your trading to the next step.
Coinrule was established in 2017 in London by a group of cryptocurrency and blockchain enthusiasts. The company aims to make trading in cryptocurrency more efficient by providing an automated trading platform that can integrate safely with several 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 most important features of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be highly volatile and it is often difficult for traders to keep track of the constantly changing charts. Coinrule lets traders set up trading rules and then examines the market and make trades that fit into their strategies. This allows traders to set their cryptocurrency trading to autopilot, and not go through charts for hours.
Coinrule provides integrated trading strategies that traders can pick from. There are over 150 rules available which makes it simple for both experienced and novice traders to discover the best strategy for them. Furthermore, traders are able to pause rules at any time, and will be sent daily emails with signals for trading that can help them adjust their strategies to market conditions.
Another wonderful feature of Coinrule is its backtesting opportunities. The traders can test their trading rules by using historical market data in TradingView. You can choose the currency they plan to trade as well as the timeframe they wish to trade, and the trading strategy and determine how many trades that the strategy has opened and closed, as well as its net profits, the percentage of profit, maximum drawdown, and profit percentage. This can be a helpful method to boost confidence of traders in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can connect Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader with a variety of options for traders of all levels. Prices vary from $0 through $499.99 per month. traders are able to pay either monthly or annually. The annual plans can offer discounts up to 25%.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the next level. With features such as automatized trading, integrated strategies for trading, backtesting opportunities, and support for a variety of trusted trading platforms, Coinrule is a robust tool that can aid you in making the most of the trading strategies you employ.