The world of trading in cryptocurrency can be very exciting however, it can become time-consuming and stressful to many investors. This is where Coinrule is able to help. Coinrule is an automated trading tool that can help traders stick to their cryptocurrency strategy without having to continuously keep track of the market. It’s simple to use, even for those with no programming expertise, and comes with a variety of options to take trades to the next step.
Coinrule was established in the year 2017 London by a group of blockchain and cryptocurrency enthusiasts. The company aims at making trading cryptocurrencies more efficient by providing an automated platform for trading which can be integrated safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, 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 market for cryptocurrency is very volatile and it is often difficult for traders to keep track of the ever-changing charts. Coinrule allows traders to establish trading rules and then analyzes the market and then makes trades that match their strategy. This means that traders can set their cryptocurrency trading to autopilot and not go through charts for hours.
Coinrule also offers integrated trading strategies that traders can choose from. There are more than 150 rules available which makes it simple for both novice and experienced traders to discover a strategy that works for them. Additionally, traders can pause rules at any point, and they will receive free daily emails with signals for trading that can help them adjust their strategy according to the changing market.
Another wonderful characteristic of Coinrule is its backtesting capabilities. Investors can test their trading strategies based on historical market data using TradingView. They can select the coin they will be trading, the desired time frame and trading strategy, and then determine how many trades that the strategy opened and closed, as well as the net profit, the percentage of profit maximum drawdown, as well as the profit ratio. This can be an effective instrument to increase 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. So, traders are able to use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader, offering different options to traders at all levels. Prices range from $0 through $499.99 per month, and traders have the option of paying monthly or annually. Annual plans provide discounts of 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 highest level. With features such as automated trading, built-in strategies for trading with backtesting capabilities, as well as support for a variety of trusted exchanges, Coinrule provides a reliable tool that will help you make the most of your trading strategy.