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 comes in. Coinrule is an automated trading tool that helps traders stick to their crypto strategy without having to constantly keep track of the market. It is easy to use, even for those with no programming knowledge, and provides many options to boost you trading experience to next level.
Coinrule was established in the year 2017 , in London by a group of cryptocurrency and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrencies more efficient by providing an automated trading platform that can integrate safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, 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 highly volatile and it can be challenging for investors to stay up with the ever-changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that match their plan of action. This means that traders can put their cryptocurrency trading up to run on autopilot and not have to go through charts for hours.
Coinrule provides integrated trading strategies that investors can pick from. There are more than 150 rules to choose from which makes it simple for both experienced and novice traders to discover the best strategy for them. In addition, traders can stop rules at any time and will be sent daily emails with trading signals that can help them adjust their strategy to the market.
Another great characteristic of Coinrule is the possibility of backtesting. Investors can test their trading strategy with historical market data by using TradingView. They can select the coin they plan to trade, the desired time frame as well as the strategy for trading to check how many trades the strategy has opened and closed and also the net profit, the percentage of profit, maximum drawdown, and the profit ratio. This can be a helpful instrument to increase a trader’s confidence in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges, including 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 levels that include Starter, Hobbyist Trader, and Pro, offering different options to traders at all levels. Prices start at $0 and go up and up to $499.99 per month. traders are able to pay monthly or annually. Annual plans provide discounts up to 25%.
In the end, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest possible level. With features such as automatic trading and built-in trading strategies, backtesting opportunities, and the ability to support multiple trusted cryptocurrency exchanges Coinrule is a robust instrument that can assist you in making the most out of your trading strategy.