The world of cryptocurrency trading can be quite exciting however, it can be time-consuming and overwhelming in the eyes of many trader. This is where Coinrule is able to help. Coinrule is an automated trading tool that helps traders stick to their cryptocurrency strategy without having to constantly monitor the markets. It is easy to use, even for people with no programming expertise, and comes with a variety of options to take trades to the highest level.
Coinrule was founded in the year 2017 London by a group of crypto and blockchain enthusiasts. The company aims at making trading cryptocurrencies more efficient by providing an automated trading platform that can integrate safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above the amount it had set for.
One of the main advantages of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is extremely volatile, and it is often difficult for traders to keep track of the ever-changing charts. Coinrule allows traders to establish trading rules and then monitors the market and makes trades that fit into their strategies. This allows traders to place their cryptocurrency trading on autopilot, and not look over charts for hours.
Coinrule provides integrated trading strategies that traders can pick from. There are more than 150 rules available which makes it simple for both experienced and novice traders to find an approach that is suitable for them. Additionally, traders can pause rules at any point, and receive daily emails with trading signals to help them adapt their strategies to market conditions.
Another great aspect of Coinrule is its backtesting opportunities. The traders can test their trading strategies based by using historical market data in TradingView. They can select the coin they will be trading and the time frame they want to use as well as the strategy for trading to check how many trades were opened and closed in addition to its net profits, the percentage of profit as well as the maximum drawdown and profit percentage. This can be an effective tool for increasing the trust of traders 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 tiers, Starter, Hobbyist, Pro, and Trader, with a variety of options for traders at all levels. Prices vary from $0 and up to $499.99 per month, and traders are able to pay either monthly or annually. The yearly plans 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 possible level. With features such as automatized trading, integrated trading strategies with backtesting capabilities, as well as the ability to support multiple trusted cryptocurrency exchanges Coinrule is a robust tool that can assist you in making the most of the trading strategies you employ.