The world of trading cryptocurrency can be quite exciting However, it can be time-consuming and overwhelming to many investors. This is where Coinrule comes in. Coinrule is an automated tool for trading that helps traders adhere to their cryptocurrency strategy without having to constantly be on the lookout for market trends. It’s simple to use even for those without coding experience, and offers a variety of features that can boost trades to the next level.
Coinrule was founded in the year 2017 London by a group of blockchain and cryptocurrency enthusiasts. The company’s mission is at making trading cryptocurrencies easier by offering an automated trading platform which can be integrated safely with various 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 user-friendly automated trading. The cryptocurrency markets can be highly volatile and it is often difficult for traders to keep up with constantly changing charts. Coinrule lets traders set up trading rules and then analyzes the market and then makes trades that fit into their plan of action. This means that traders can set their cryptocurrency trading to autopilot and not have to go through charts for hours.
Coinrule provides built-in trading strategies that traders can select from. There are more than 150 rules to choose from which makes it simple for both new and experienced traders to find a strategy that works for them. Additionally, traders can pause rules at any time and they will receive free daily emails that contain trading signals that can help them adjust their strategy according to the changing market.
Another excellent aspect of Coinrule is its backtesting opportunities. The traders can test their trading strategies based with historical market data by using TradingView. They can choose the cryptocurrency they will be trading and the time frame they want to use as well as the strategy for trading and check how many trades were opened and closed in addition to the net profit, the percentage of profit maximum drawdown, as well as the profit ratio. This can be a helpful tool for increasing confidence of traders in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Pro, and Trader, offering different options to traders at all levels. Prices vary from $0 and up to $499.99 per month. traders have the option of paying either monthly or annually. The annual plans can offer discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest level. With features such as automatized trading, integrated strategies for trading as well as backtesting options, and support for multiple trustworthy exchanges, Coinrule can be a powerful tool that can aid you in making the most of the trading strategies you employ.