The world of cryptocurrency trading can be quite exciting, but it can also become time-consuming and stressful to many investors. This is where Coinrule is able to help. Coinrule is an automated tool for trading that helps traders adhere to their cryptocurrency strategy without the need to constantly monitor the markets. It is easy to use, even for people with no programming expertise, and comes with various options to boost trades to the highest step.
Coinrule was founded in 2017 in London by a group of cryptocurrency and blockchain enthusiasts. The company aims to make trading in cryptocurrencies easier by offering an automated trading platform which can be integrated safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its target.
One of the most important aspects of Coinrule is the easy-to-use automated trading system. The cryptocurrency markets can be very volatile and it is often 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 fit into their plan of action. This means that traders can put their cryptocurrency trading on autopilot and not go through charts for hours.
Coinrule has built-in trading strategies that traders can choose from. There are more than 150 rules to choose from which makes it simple for both experienced and novice traders to choose the best strategy for them. Furthermore, traders are able to pause rules at any time and they will receive free daily emails that contain trading signals to help them adapt their strategy according to the changing market.
Another wonderful aspect of Coinrule is the possibility of backtesting. Traders can test out their trading rules by using historical market data in TradingView. You can choose the currency they plan to trade and the time frame they want to use as well as the strategy for trading and determine how many trades that were opened and closed in addition to its net profits, percentage of profit as well as the maximum drawdown and profit factor. This is a useful instrument to increase a trader’s confidence in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader, with a variety of options for traders of all levels. Prices start at $0 and go up and up to $499.99 per month, and traders can choose to pay either monthly 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 boost your cryptocurrency trading experience to the highest level. With features like automatized trading, integrated strategies for trading, backtesting opportunities, and support for multiple trustworthy cryptocurrency exchanges Coinrule is a robust tool that can assist you in making the most out of any trading plan.