The world of trading in cryptocurrency can be quite exciting, but it can also be time-consuming and overwhelming 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 having to constantly keep track of the market. It is easy to use, even for those with no programming expertise, and comes with various features that can boost trades to the next level.
Coinrule was founded in 2017 in London by a group of blockchain and cryptocurrency enthusiasts. The company aims create a system that makes trading cryptocurrency easier by offering an automated trading platform that can integrate safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over its target.
One of the key aspects of Coinrule is the easy-to-use automated trading system. The cryptocurrency markets can be highly volatile and it is often hard for trader to keep track of the ever-changing charts. Coinrule allows traders to create trading rules, and then examines the market and make trades that are compatible with their plan of action. This means that traders are able to put their cryptocurrency trading to autopilot, and not go through charts for hours.
Coinrule has built-in trading strategies that traders can select from. There are over 150 rules available which makes it simple for both novice and experienced traders to choose an approach that is suitable for them. In addition, traders can stop rules at any time and will be sent daily emails that contain trading signals to help them adapt their strategy according to the changing market.
Another excellent aspect of Coinrule is the possibility of backtesting. Traders can test out their trading strategies based by using historical market data in TradingView. They can select the coin they intend to trade and the time frame they want to use, and the trading strategy and check how many trades the strategy opened and closed in addition to its net profits, percentage of profit, maximum drawdown, and profit factor. This can be an effective instrument to increase a trader’s confidence in their trading strategies they develop.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to use Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Trader, and Pro, with different options for traders at all levels. Prices vary from $0 and up to $499.99 per month. traders have the option of paying each month or annually. The yearly plans offer discounts of up to percent.
In the end, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest level. With features such as automatic trading and built-in strategies for trading, backtesting opportunities, and support for a variety of trusted exchanges, Coinrule provides a reliable tool that can help you make the most of your trading strategy.