The world of trading cryptocurrency is quite thrilling however, it can be time-consuming and overwhelming in the eyes of many trader. This is where Coinrule is able to help. Coinrule is an automated trading tool that helps traders adhere to their cryptocurrency strategy without having to continuously monitor the markets. It is easy to use even for people with no programming expertise, and comes with various options that will help you take trades to the next step.
Coinrule was established in the year 2017 London by a group of blockchain and cryptocurrency enthusiasts. The company’s mission is create a system that makes trading cryptocurrency easier by offering an automated trading platform that can integrate safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over its target.
One of the most important features of Coinrule is its user-friendly automated trading. The market for cryptocurrency is extremely volatile, and it can be challenging for investors to stay track of the ever-changing charts. Coinrule lets traders set up trading rules and then monitors the market and makes trades that are compatible with their strategy. This means that traders can place their cryptocurrency trading on autopilot and not have to spend hours poring over charts.
Coinrule has integrated trading strategies that investors can pick from. There are over 150 rules to choose from which makes it simple for both new and experienced traders to choose the best strategy for them. In addition, traders can stop rules at any time and receive daily emails with signals for trading which can assist them in adjusting their strategy to the market.
Another excellent aspect of Coinrule is its backtesting opportunities. Investors can test their trading rules with historical market data by using TradingView. They can select the coin they will be trading, the desired time frame, and the trading strategy and see how many trades the strategy opened and closed in addition to profits net, percentage of profitability, maximum drawdown, and profit percentage. This can be an effective tool for increasing the trust of traders in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Pro, and Trader, offering different options to traders at all levels. Prices vary from $0 to $499.99 per month. traders can choose to pay either monthly or annually. Annual plans provide discounts of up to percent.
In the end, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest level. With features such as automated trading, built-in strategies for trading as well as backtesting options, and support for multiple trustworthy exchanges, Coinrule can be a powerful tool that will aid you in making the most of any trading plan.