The world of trading cryptocurrency is quite thrilling However, it can be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule comes in. Coinrule is an automated tool for trading that helps traders stick to their cryptocurrency strategy without having to continuously keep track of the market. It is easy to use even for people with no programming expertise, and comes with many features that can take trades to the highest level.
Coinrule was established in the year 2017 , in London by a team of cryptocurrency and blockchain enthusiasts. The company aims at making trading cryptocurrency more efficient by providing an automated platform for trading that can integrate safely with multiple 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 main features of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be very volatile and it can be hard for trader to keep up with the ever-changing charts. Coinrule lets traders establish trading rules and then examines the market and make trades that fit into their strategy. This allows traders to place their cryptocurrency trading on autopilot and not have to go through charts for hours.
Coinrule also offers built-in trading strategies that traders can select from. There are over 150 rules available that make it simple for both new and experienced traders to discover the best strategy for them. Additionally, traders can pause rules at any time, and will be sent daily emails that contain trading signals that can help them adjust their strategies to market conditions.
Another great characteristic of Coinrule is its backtesting capabilities. The traders can test their trading strategy on historical market data using TradingView. They can select the coin they will be trading, the desired time frame as well as the strategy for trading and determine how many trades that the strategy has opened and closed, as well as the net profit, the percentage of profitability, maximum drawdown, and profit factor. This is a useful tool for increasing confidence of traders in the trading rules they design.
Coinrule also supports multiple trustworthy 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 levels including Starter, Hobbyist Trader, and Pro, offering different options to traders at all levels. Prices range from $0 to $499.99 per month, and 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 elevate your trading in cryptocurrency to the next level. With features such as automatic trading and built-in trading strategies, backtesting opportunities, and support for a variety of trusted trading platforms, Coinrule provides a reliable tool that can assist you in making the most of any trading plan.