The world of cryptocurrency trading can be quite exciting however, it can be time-consuming and overwhelming for many traders. This is the point where Coinrule comes in. Coinrule is an automated trading tool that can help traders stick to their crypto strategy without having to constantly monitor the markets. It is easy to use even for those without coding knowledge, and provides various options to boost trades to the next step.
Coinrule was established in the year 2017 in London by a team of cryptocurrency and blockchain enthusiasts. The company’s mission is at making trading cryptocurrencies less tedious by providing an automated trading platform which can be integrated safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its goal.
One of the main features of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be highly volatile and it is often difficult for traders to keep up with constantly changing charts. Coinrule allows traders to establish trading rules and then examines the market and make trades that fit into their plan of action. This allows traders to set their cryptocurrency trading up to run on autopilot and not have to go through charts for hours.
Coinrule provides integrated trading strategies that investors can pick from. There are over 150 trading rules to pick from which makes it simple for both experienced and novice traders to discover 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 that can help them adjust their strategy according to the changing market.
Another wonderful aspect of Coinrule is its backtesting capabilities. Traders can test out their trading rules with historical market data by using TradingView. They can select the coin they will be trading, the desired time frame as well as the strategy for trading, and then determine how many trades that were opened and closed in addition to its net profits, percentage of profit, maximum drawdown, and profit factor. This is a useful method to boost the trust of traders in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges like 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 tiers that include Starter, Hobbyist Trader, and Pro, with different options for traders of all levels. Prices range from $0 to $499.99 per month, and traders have the option of paying each month or annually. The annual plans can offer discounts of 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 possible level. With features like automated trading, built-in strategies for trading as well as backtesting options, and support for multiple trustworthy exchanges, Coinrule can be a powerful tool that will assist you in making the most out of your trading strategy.