The world of trading cryptocurrency can be very exciting, but it can also 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 adhere to their cryptocurrency strategy without the need to constantly keep track of the market. It’s simple to use even for people with no programming knowledge, and provides various features that can help you take you trading experience to next step.
Coinrule was established in the year the year 2017 London by a team of crypto 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 of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its target.
One of the key aspects of Coinrule is the user-friendly automated trading. The markets for cryptocurrency can be very volatile and it can be hard for trader to keep up with constantly changing charts. Coinrule lets traders create trading rules, and then analyzes the market and then makes trades that fit into their strategies. This means that traders can put their cryptocurrency trading up to run on autopilot, and not spend hours poring over charts.
Coinrule provides built-in trading strategies that traders can choose from. There are more than 150 rules available that make it simple for both novice and experienced traders to discover an approach that is suitable for them. In addition, traders can stop rules at any point, and will be sent daily emails that contain trading signals to help them adapt their strategy according to the changing market.
Another wonderful characteristic of Coinrule is its backtesting opportunities. Investors can test their trading strategy by using historical market data in TradingView. You can choose the currency they intend to trade, the desired time frame, and the trading strategy, and then check how many trades the strategy opened and closed, as well as profits net, percentage of profit, maximum drawdown, and profit factor. This can be a helpful tool for increasing a trader’s confidence in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Trader, and Pro, with a variety of options for traders at all levels. Prices start at $0 and go up and up to $499.99 per month, and traders have the option of paying either monthly or annually. Annual plans provide discounts up to 25%.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest level. With features like automatic trading and built-in strategies for trading as well as backtesting options, and support for a variety of trusted trading platforms, Coinrule is a robust tool that will aid you in making the most of your trading strategy.