The world of cryptocurrency trading is quite thrilling however, it can be time-consuming and overwhelming to many investors. This is the point where Coinrule comes in. Coinrule is an automated tool for trading that helps traders stick to their cryptocurrency strategy without having to continuously monitor the markets. It’s easy to use even for those without coding experience, and offers many options to take trades to the next level.
Coinrule was established in the year the year 2017 London by a team of cryptocurrency and blockchain enthusiasts. Its goal is to make trading in cryptocurrencies easier by offering an automated trading platform that is able to integrate securely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over the amount it had set for.
One of the key aspects of Coinrule is the easy to use automated trading. The market for cryptocurrency is very volatile and it can be hard for trader to keep track of the ever-changing charts. Coinrule allows traders to create trading rules, and then monitors the market and makes trades that are compatible with their strategy. This means that traders are able to set their cryptocurrency trading on autopilot and not look over charts for hours.
Coinrule provides built-in trading strategies that traders can select from. There are more than 150 trading rules to pick from that make it simple for both new and experienced traders to find the best strategy for them. Additionally, traders can pause rules at any point, and receive daily emails with trading signals that can help them adjust their strategy to the market.
Another excellent characteristic of Coinrule is its backtesting capabilities. Traders can test out their trading rules with historical market data by using TradingView. They can select the coin they will be trading, 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, as well as profit factor. This can be an effective tool for increasing the trust 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. So, traders are able to integrate Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader with different options for traders at all levels. Prices vary from $0 and up to $499.99 per month. traders are able to pay monthly or annually. Annual plans provide discounts of up to%.
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 like automatic trading and built-in strategies for trading, backtesting opportunities, and support for multiple trustworthy exchanges, Coinrule provides a reliable tool that will help you make the most of any trading plan.