The world of trading cryptocurrency can be very exciting however, it can become time-consuming and stressful in the eyes of many trader. This is the point where Coinrule is able to help. Coinrule is an automated trading tool that helps traders adhere to their cryptocurrency strategy without having to constantly keep track of the market. It’s simple to use, even for people with no programming experience, and offers many options to boost your trading to the next level.
Coinrule was established in 2017 in London by a group of cryptocurrency and blockchain enthusiasts. The company aims at making trading cryptocurrencies easier by offering an automated trading platform that is able to integrate securely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its goal.
One of the most important aspects of Coinrule is the easy to use automated trading. The market for cryptocurrency is highly volatile and it can be hard for trader to keep up with ever-changing charts. Coinrule lets traders set up trading rules and then monitors the market and makes trades that match their strategies. This means that traders can place their cryptocurrency trading up to run on autopilot and not have to look over charts for hours.
Coinrule also offers integrated trading strategies that traders can choose from. There are more than 150 rules to choose from, making it easy for both new and experienced traders to discover a strategy that works for them. In addition, traders can stop rules at any point, and they will receive free daily emails with signals for trading that can help them adjust their strategy according to the changing market.
Another wonderful aspect of Coinrule is the possibility of backtesting. Investors can test their trading strategies based on historical market data using TradingView. You can choose the currency they plan to trade, the desired time frame and trading strategy to see how many trades the strategy opened and closed, as well as the net profit, the percentage of profit as well as the maximum drawdown and profit factor. This can be a helpful instrument to increase confidence of traders in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges, such as 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 levels, Starter, Hobbyist, Pro, and Trader offering different options to traders at all levels. Prices start at $0 and go up and up to $499.99 per month, and traders are able to pay each month or annually. The annual plans can offer discounts up to 25%.
In the end, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest level. With features like automatic trading and built-in trading strategies, backtesting opportunities, and the ability to support multiple trusted exchanges, Coinrule can be a powerful tool that will assist you in making the most of any trading plan.