The world of trading cryptocurrency is quite thrilling However, it can be time-consuming and overwhelming to many investors. 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 help you take trades to the next step.
Coinrule was established in the year 2017 London by a team of crypto and blockchain enthusiasts. The company aims at making trading cryptocurrencies easier by offering an automated trading platform that can integrate safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its target.
One of the most important features of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be extremely volatile, and it can be hard for trader to keep track of the ever-changing charts. Coinrule lets traders create trading rules, and then analyzes the market and then makes trades that are compatible with their plan of action. This means that traders can place their cryptocurrency trading to autopilot and not look over charts for hours.
Coinrule has integrated trading strategies that investors can pick from. There are over 150 rules available, making it easy for both novice and experienced traders to find a strategy that works for them. Additionally, traders can pause rules at any time, and will be sent daily emails with trading signals which can assist them in adjusting their strategy according to the changing market.
Another great aspect of Coinrule is its backtesting opportunities. The traders can test their trading strategy on historical market data using TradingView. They can choose the cryptocurrency they will be trading as well as the timeframe they wish to trade and trading strategy, and then determine how many trades that the strategy opened and closed and also the net profit, the percentage of profitability, maximum drawdown, and profit percentage. This can be an effective method to boost confidence of traders in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can connect Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader offering different options to traders of all levels. Prices vary from $0 and up to $499.99 per month, and traders are able to pay monthly or annually. The annual plans can offer discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the highest level. With features like automatized trading, integrated strategies for trading as well as backtesting options, and support for a variety of trusted trading platforms, Coinrule can be a powerful tool that will aid you in making the most out of your trading strategy.