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 is able to help. Coinrule is an automated trading tool that can help traders adhere to their cryptocurrency strategy without having to continuously keep track of the market. It is easy to use even for people with no programming expertise, and comes with various features that can help you take your trading to the next step.
Coinrule was founded in 2017 in London by a group of crypto and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrency less tedious by providing an automated trading platform which can be integrated safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its target.
One of the most important advantages of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be extremely volatile, and it can be challenging for investors to stay up with ever-changing charts. Coinrule allows traders to create trading rules, and then examines the market and make trades that match their plan of action. This allows traders to set their cryptocurrency trading to autopilot and not spend hours poring over charts.
Coinrule also offers built-in trading strategies that traders can pick from. There are more than 150 rules to choose from which makes it simple for both new and experienced traders to choose a strategy that works for them. Additionally, traders can pause rules at any time, and will be sent daily emails with signals for trading that can help them adjust their strategies to market conditions.
Another wonderful feature of Coinrule is its backtesting opportunities. Traders can test out their trading strategy with historical market data by using TradingView. They can select the coin they will be trading and the time frame they want to use, and the trading strategy and check how many trades were opened and closed and also its net profits, the percentage of profitability, maximum drawdown, and profit factor. This is a useful method to boost the trust of traders in their trading strategies they develop.
Coinrule is also compatible with a variety of reliable exchanges, including 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 including Starter, Hobbyist Pro, and Trader, offering different options to traders of all levels. Prices start at $0 and go up to $499.99 per month. traders are able to pay monthly or annually. Annual plans provide discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the highest possible level. With features such as automated trading, built-in trading strategies as well as backtesting options, and support for multiple trustworthy exchanges, Coinrule provides a reliable tool that can aid you in making the most of your trading strategy.