The world of trading in cryptocurrency can be quite exciting, but it can also become time-consuming and stressful for many traders. This is where Coinrule comes in. Coinrule is an automated trading tool that helps traders adhere to their cryptocurrency strategy without having to continuously monitor the markets. It’s easy to use, even for those with no programming expertise, and comes with various features that can boost you trading experience to highest step.
Coinrule was established in the year the year 2017 London by a group of cryptocurrency and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrency easier by offering an automated platform for trading that can integrate safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its target.
One of the key features of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be very volatile and it can be challenging for investors to stay up with constantly changing charts. Coinrule lets traders create trading rules, and then analyzes the market and then makes trades that match their plan of action. This means that traders can place their cryptocurrency trading to autopilot and not have to go through charts for hours.
Coinrule provides integrated trading strategies that investors can select from. There are more than 150 rules available that make it simple for both experienced and novice traders to find an approach that is suitable for them. Additionally, traders can pause rules at any point, and receive daily emails with signals for trading to help them adapt their strategies to market conditions.
Another great characteristic of Coinrule is its backtesting capabilities. Traders can test out their trading rules with historical market data by using TradingView. They can choose the cryptocurrency they intend to trade as well as the timeframe they wish to trade as well as the strategy for trading, and then determine how many trades that the strategy opened and closed, as well as its net profits, the percentage of profit maximum drawdown, as well as profit factor. This can be an effective tool for increasing confidence of traders in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Pro, and Trader, with a variety of options for traders of all levels. Prices range from $0 and up to $499.99 per month, and traders have the option of paying either monthly or annually. The yearly plans offer discounts up to 25 percent.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the next level. With features like automated trading, built-in trading strategies with backtesting capabilities, as well as the ability to support multiple trusted exchanges, Coinrule provides a reliable tool that can aid you in making the most of your trading strategy.