The world of cryptocurrency trading can be quite exciting however, it can be time-consuming and overwhelming for many traders. This is where Coinrule comes in. Coinrule is an automated trading tool that can help traders stick to their crypto strategy without having to continuously keep track of the market. It is easy to use even for those without coding experience, and offers many features that can take trades to the highest level.
Coinrule was founded in the year 2017 London by a group of crypto and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrency less tedious by providing an automated trading platform which can be integrated safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above the amount it had set for.
One of the key aspects of Coinrule is the user-friendly automated trading. The market for cryptocurrency is highly volatile and it can be hard for trader to keep up with the constantly changing charts. Coinrule allows traders to set up trading rules and then examines the market and make trades that are compatible with their plan of action. This allows traders to set their cryptocurrency trading on autopilot, and not go through charts for hours.
Coinrule provides integrated trading strategies that traders can select from. There are over 150 rules to choose from that make it simple for both new and experienced traders to find the best strategy for them. Furthermore, traders are able to pause rules at any point, and receive daily emails with trading signals that can help them adjust their strategy according to the changing market.
Another great characteristic of Coinrule is its backtesting opportunities. Investors can test their trading rules on historical market data using TradingView. You can choose the currency they intend to trade and the time frame they want to use, and the trading strategy, and then determine how many trades that the strategy has opened and closed, as well as the net profit, the percentage of profit maximum drawdown, as well as profit factor. This can be a helpful tool for increasing the trust of traders in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader, with a variety of options for traders of all levels. Prices vary from $0 and up to $499.99 per month. traders have the option of paying monthly or annually. The yearly plans offer discounts of up to percent.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the next level. With features like automatic trading and built-in trading strategies with backtesting capabilities, as well as support for multiple trustworthy exchanges, Coinrule can be a powerful tool that can aid you in making the most out of the trading strategies you employ.