The world of trading cryptocurrency can be quite 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 the need to constantly monitor the markets. It’s easy to use, even for those without coding expertise, and comes with a variety of options that will help you take trades to the highest step.
Coinrule was founded in 2017 , in London by a team of crypto and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrency less tedious by providing an automated trading platform that can integrate safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above the amount it had set for.
One of the key aspects of Coinrule is the user-friendly automated trading. The cryptocurrency markets can be highly volatile and it can be hard for trader to keep up with the constantly changing charts. Coinrule allows traders to set up trading rules and then analyzes the market and then makes trades that match their plan of action. This allows traders to set their cryptocurrency trading to autopilot, and not look over charts for hours.
Coinrule has integrated trading strategies that investors can select from. There are over 150 rules available that make it simple for both experienced and novice traders to find the best strategy for them. Furthermore, traders are able to pause rules at any time and they will receive free daily emails with trading signals to help them adapt their strategy according to the changing market.
Another wonderful feature of Coinrule is the possibility of backtesting. The traders can test their trading rules with historical market data by using TradingView. You can choose the currency they intend to trade, the desired time frame, and the trading strategy, and then check how many trades were opened and closed in addition to its net profits, percentage of profit, maximum drawdown, and the profit ratio. This can be a helpful method to boost confidence of traders in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Pro, and Trader with different options for traders of all levels. Prices vary from $0 to $499.99 per month, and traders have the option of paying either monthly or annually. Annual plans provide discounts of up to%.
In the end, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the next level. With features such as automatized trading, integrated strategies for trading as well as backtesting options, and support for a variety of trusted trading platforms, Coinrule can be a powerful tool that will help you make the most out of any trading plan.