The world of trading in cryptocurrency is quite thrilling However, it can become time-consuming and stressful in the eyes of many trader. This is the point where Coinrule comes in. Coinrule is an automated trading tool that can help traders adhere to their cryptocurrency strategy without the need to constantly monitor the markets. It is easy to use even for people with no programming experience, and offers various options to boost your trading to the next level.
Coinrule was established in 2017 , in London by a group of blockchain and cryptocurrency enthusiasts. The company’s mission is create a system that makes trading cryptocurrency less tedious by providing an automated platform for trading that can integrate safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its goal.
One of the main aspects of Coinrule is the user-friendly automated trading. The cryptocurrency markets can be highly volatile and it is often challenging for investors to stay track of the ever-changing charts. Coinrule lets traders set up trading rules and then monitors the market and makes trades that are compatible with their strategies. This allows traders to set their cryptocurrency trading to autopilot and not look over charts for hours.
Coinrule also offers integrated trading strategies that investors can select from. There are more than 150 rules available 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 point, and they will receive free 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 strategy with historical market data by using TradingView. They can select the coin they plan to trade and the time frame they want to use as well as the strategy for trading, and then check how many trades the strategy opened and closed, as well as profits net, percentage of profitability maximum drawdown, as well as profit percentage. This can be a helpful instrument to increase confidence of traders in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader, offering different options to traders at all levels. Prices vary from $0 to $499.99 per month, and traders can choose to pay each month or annually. Annual plans provide discounts of up to 25%.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the highest level. With features like automatized trading, integrated trading strategies as well as backtesting options, and support for multiple trustworthy trading platforms, Coinrule can be a powerful tool that will help you make the most of any trading plan.