The world of trading cryptocurrency can be quite exciting however, it can become time-consuming and stressful for many traders. This is where Coinrule is able to help. Coinrule is an automated tool for trading that helps traders stick to their crypto strategy without the need to constantly monitor the markets. It’s simple to use, even for those without coding expertise, and comes with many options to take your trading to the next level.
Coinrule was founded in the year 2017 London by a group of cryptocurrency and blockchain enthusiasts. The company aims at making trading cryptocurrency more efficient by providing an automated platform for trading which can be integrated safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over the amount it had set for.
One of the most important advantages of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is extremely volatile, and it is often challenging for investors to stay up with constantly changing charts. Coinrule lets traders create trading rules, and then monitors the market and makes trades that fit into their strategy. This means that traders are able to set their cryptocurrency trading on autopilot and not have to look over charts for hours.
Coinrule also offers built-in trading strategies that traders can pick from. There are over 150 rules to choose from which makes it simple for both novice and experienced traders to choose an approach that is suitable for them. Additionally, traders can pause rules at any time and will be sent daily emails with trading signals which can assist them in adjusting their strategy to the market.
Another excellent characteristic of Coinrule is its backtesting opportunities. Traders can test out their trading strategies based by using historical market data in TradingView. They can select the coin they will be trading as well as the timeframe they wish to trade as well as the strategy for trading, and then check how many trades the strategy has opened and closed, as well as its net profits, percentage of profitability as well as the maximum drawdown and profit factor. This can be a helpful method to boost the trust of traders in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to integrate Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Pro, and Trader, with a variety of options for traders of all levels. Prices range from $0 to $499.99 per month. traders can choose to pay each month or annually. The annual plans can offer discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest level. With features like automatized trading, integrated strategies for trading as well as backtesting options, and the ability to support multiple trusted cryptocurrency exchanges Coinrule can be a powerful tool that will assist you in making the most of any trading plan.