The world of trading cryptocurrency can be very exciting however, it can be time-consuming and overwhelming for many traders. This is the point where Coinrule comes in. Coinrule is an automated tool for trading that helps traders adhere to their cryptocurrency strategy without having to constantly keep track of the market. It’s simple to use even for those without coding expertise, and comes with various options that will boost your trading to the highest step.
Coinrule was founded in the year 2017 London by a team of cryptocurrency and blockchain enthusiasts. Its goal is to make trading in cryptocurrency easier by offering an automated platform for trading that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above the amount it had set for.
One of the most important features of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be highly volatile and it can be challenging for investors to stay track of the constantly changing charts. Coinrule lets traders establish trading rules and then examines the market and make trades that are compatible with their strategies. This allows traders to put their cryptocurrency trading to autopilot, and not look over charts for hours.
Coinrule has integrated trading strategies that investors can pick from. There are more than 150 trading rules to pick from, making it easy for both novice and experienced traders to discover an approach that is suitable for them. Furthermore, traders are able to pause rules at any point, and they will receive free daily emails with trading signals to help them adapt their strategies to market conditions.
Another great feature of Coinrule is its backtesting capabilities. Traders can test out their trading strategy by using historical market data in TradingView. You can choose the currency they intend to trade as well as the timeframe they wish to trade, and the trading strategy and determine how many trades that the strategy opened and closed, as well as profits net, percentage of profitability, maximum drawdown, and profit factor. This can be a helpful instrument to increase confidence of traders in their trading strategies they develop.
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 these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader, with different options for traders of all levels. Prices start at $0 and go up to $499.99 per month. traders are able to pay either monthly or annually. The annual plans can offer discounts of up to percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest possible level. With features like automated trading, built-in strategies for trading with backtesting capabilities, as well as support for a variety of trusted cryptocurrency exchanges Coinrule provides a reliable tool that will assist you in making the most out of the trading strategies you employ.