The world of cryptocurrency trading can be quite exciting, but it can also be time-consuming and overwhelming to many investors. This is where Coinrule comes in. Coinrule is an automated tool for trading that helps traders stick to their cryptocurrency strategy without having to constantly keep track of the market. It’s simple to use, even for those with no programming knowledge, and provides many options that will take your trading to the highest step.
Coinrule was established in the year the year 2017 London by a team of crypto and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrencies less tedious by providing an automated trading platform which can be integrated safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over the amount it had set for.
One of the main features of Coinrule is its easy to use automated trading. The market for cryptocurrency is very volatile and it can be challenging for investors to stay track of the ever-changing charts. Coinrule allows traders to set up trading rules and then analyzes the market and then makes trades that are compatible with their strategy. This means that traders are able to place their cryptocurrency trading up to run on autopilot and not have to go through charts for hours.
Coinrule provides built-in trading strategies that traders can select from. There are more than 150 rules available, making it easy for both experienced and novice traders to find a strategy that works for them. Furthermore, traders are able to pause rules at any time, and will be sent daily emails with trading signals to help them adapt their strategies to market conditions.
Another great aspect of Coinrule is its backtesting opportunities. Investors can test their trading rules by using historical market data in TradingView. They can select the coin they intend to trade and the time frame they want to use, and the trading strategy and determine how many trades that were opened and closed, as well as the net profit, percentage of profit, maximum drawdown, and the profit ratio. This can be a helpful tool for increasing a trader’s confidence in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader, with a variety of options for traders of all levels. Prices start at $0 and go up through $499.99 per month. traders can choose to pay monthly or annually. The yearly plans offer discounts of up to 25%.
Overall, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest possible level. With features such as automatic trading and built-in strategies for trading as well as backtesting options, and the ability to support multiple trusted exchanges, Coinrule provides a reliable tool that can assist you in making the most out of your trading strategy.