The world of cryptocurrency trading is quite thrilling, but it can also be time-consuming and overwhelming 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 cryptocurrency strategy without the need to constantly monitor the markets. It’s simple to use even for those with no programming knowledge, and provides various features that can boost trades to the next level.
Coinrule was established in the year the year 2017 London by a team of blockchain and cryptocurrency enthusiasts. Its goal is to make trading in cryptocurrency more efficient by providing an automated trading platform that is able to integrate securely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than its target.
One of the main advantages of Coinrule is its easy to use automated trading. The cryptocurrency markets can be very volatile and it can be difficult for traders to keep up with the ever-changing charts. Coinrule allows traders to create trading rules, and then analyzes the market and then makes trades that are compatible with their strategies. This allows traders to put their cryptocurrency trading to autopilot and not have to spend hours poring over charts.
Coinrule has built-in trading strategies that traders can pick from. There are more than 150 trading rules to pick from, making it easy for both novice and experienced traders to choose the best strategy for them. Furthermore, traders are able to pause rules at any time and will be sent daily emails with signals for trading to help them adapt their strategy according to the changing market.
Another wonderful characteristic of Coinrule is the possibility of backtesting. Investors can test their trading strategies based by using historical market data in TradingView. They can choose the cryptocurrency they intend to trade and the time frame they want to use and trading strategy and see how many trades the strategy opened and closed, as well as its net profits, the percentage of profit as well as the maximum drawdown and profit factor. This can be a helpful instrument to increase a trader’s confidence in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Trader, and Pro, with a variety of options for traders of all levels. Prices vary from $0 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 percent.
All in all, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the next level. With features such as automated trading, built-in strategies for trading with backtesting capabilities, as well as support for multiple trustworthy trading platforms, Coinrule is a robust tool that will aid you in making the most out of your trading strategy.