The world of trading in cryptocurrency can be quite exciting however, it can be time-consuming and overwhelming to many investors. This is the point where Coinrule comes in. Coinrule is an automated trading tool that helps traders stick to their cryptocurrency strategy without having to constantly be on the lookout for market trends. It’s easy to use even for those with no programming expertise, and comes with a variety of features that can boost trades to the highest level.
Coinrule was established in the year the year 2017 London by a group of crypto and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrencies easier by offering an automated trading platform which can be integrated safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its target.
One of the main advantages of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be highly volatile and it can be difficult for traders to keep track of the constantly changing charts. Coinrule allows traders to create trading rules, and then monitors the market and makes trades that are compatible with their strategy. This means that traders can put their cryptocurrency trading up to run on autopilot, and not spend hours poring over charts.
Coinrule provides integrated trading strategies that investors can select from. There are over 150 rules to choose from, making it easy for both new and experienced traders to choose an approach that is suitable for them. Furthermore, traders are able to pause rules at any time, and they will receive free daily emails with signals for trading which can assist them in adjusting their strategies to market conditions.
Another excellent feature of Coinrule is its backtesting opportunities. Investors can test their trading strategy with historical market data by using TradingView. They can select the coin they intend to trade and the time frame they want to use and trading strategy and see how many trades were opened and closed and also the net profit, the percentage of profitability maximum drawdown, as well as the profit ratio. This is a useful tool for increasing the trust of traders in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can 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 range from $0 through $499.99 per month. traders have the option of paying each month or annually. The yearly plans offer discounts up to 25 percent.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the next level. With features like automatized trading, integrated strategies for trading with backtesting capabilities, as well as support for multiple trustworthy exchanges, Coinrule can be a powerful tool that will aid you in making the most out of your trading strategy.