The world of cryptocurrency trading is quite thrilling however, it can be time-consuming and overwhelming to many investors. This is where Coinrule comes in. Coinrule is an automated trading tool that can help traders adhere to their cryptocurrency strategy without having to constantly be on the lookout for market trends. It is easy to use even for people with no programming knowledge, and provides a variety of options to boost your trading to the highest step.
Coinrule was established in 2017 , in London by a group of blockchain and cryptocurrency enthusiasts. The company aims at making trading cryptocurrency less tedious by providing an automated trading platform that can integrate safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its goal.
One of the key aspects of Coinrule is the user-friendly automated trading. The cryptocurrency markets can be very volatile and it is often challenging for investors to stay up with the constantly changing charts. Coinrule lets traders set up trading rules and then monitors the market and makes trades that fit into their strategies. This means that traders are able to put their cryptocurrency trading up to run on autopilot, and not look over charts for hours.
Coinrule has integrated trading strategies that traders can select from. There are over 150 rules to choose from, making it easy for both novice and experienced traders to choose a strategy that works for them. In addition, traders can stop rules at any time, and receive daily emails that contain trading signals that can help them adjust their strategy according to the changing market.
Another great feature of Coinrule is its backtesting opportunities. The traders can test their trading strategies based with historical market data by using TradingView. They can choose the cryptocurrency they intend to trade, the desired time frame as well as the strategy for trading, and then determine how many trades that the strategy has opened and closed in addition to the net profit, percentage of profitability as well as the maximum drawdown and profit percentage. This can be a helpful method to boost confidence 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 use Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader with different options for traders of all levels. Prices range from $0 to $499.99 per month. traders have the option of paying either monthly or annually. The annual plans can offer discounts of up to%.
Overall, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest level. With features like automatized trading, integrated trading strategies, backtesting opportunities, and the ability to support multiple trusted exchanges, Coinrule can be a powerful instrument that can help you make the most out of your trading strategy.