The world of trading in cryptocurrency can be very exciting, but it can also become time-consuming and stressful in the eyes of many trader. This is where Coinrule comes in. Coinrule is an automated tool for trading that helps traders stick to their crypto strategy without having to continuously be on the lookout for market trends. It is easy to use, even for people with no programming knowledge, and provides many options that will help you take your trading to the next level.
Coinrule was established in the year the year 2017 London by a group of blockchain and cryptocurrency enthusiasts. The company aims at making trading cryptocurrency easier by offering an automated trading platform which can be integrated safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over its target.
One of the key aspects of Coinrule is the easy to use automated trading. The markets for cryptocurrency can be extremely volatile, and it can be hard for trader to keep track of the constantly changing charts. Coinrule allows traders to establish trading rules and then monitors the market and makes trades that match their strategy. This means that traders are able to place their cryptocurrency trading up to run on autopilot and not spend hours poring over charts.
Coinrule also offers integrated trading strategies that investors can pick from. There are over 150 rules to choose from which makes it simple for both new and experienced traders to discover a strategy that works for them. Furthermore, traders are able to pause rules at any time and receive daily emails that contain trading signals that can help them adjust their strategy according to the changing market.
Another great aspect of Coinrule is the possibility of backtesting. Traders can test out their trading strategies based on historical market data using TradingView. You can choose the currency they intend to trade as well as the timeframe they wish to trade, and the trading strategy, and then determine how many trades that the strategy has opened and closed and also the net profit, percentage of profit maximum drawdown, as well as profit factor. This can be a helpful method to boost confidence of traders 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 use Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Pro, and Trader with different options for traders of all levels. Prices range from $0 to $499.99 per month, and traders have the option of paying monthly or annually. Annual plans provide discounts of up to percent.
In the end, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest possible level. With features like automatized trading, integrated strategies for trading, backtesting opportunities, and support for multiple trustworthy cryptocurrency exchanges Coinrule can be a powerful tool that can help you make the most out of the trading strategies you employ.