The world of cryptocurrency trading can be very exciting, but it can also become time-consuming and stressful to many investors. This is the point where Coinrule comes in. Coinrule is an automated trading tool that helps traders stick to their crypto strategy without having to constantly be on the lookout for market trends. It’s easy to use even for those with no programming knowledge, and provides many features that can help you take you trading experience to next step.
Coinrule was established in the year 2017 London by a team of crypto and blockchain enthusiasts. The company’s mission is at making trading cryptocurrencies easier by offering an automated platform for trading that is able to integrate securely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than its target.
One of the main advantages of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is very volatile and it can be hard for trader to keep track of the constantly changing charts. Coinrule allows traders to set up trading rules and then monitors the market and makes trades that match their strategies. This means that traders can set their cryptocurrency trading up to run on autopilot and not have to look over charts for hours.
Coinrule has built-in trading strategies that traders can pick from. There are more than 150 trading rules to pick from that make it simple for both novice and experienced traders to find a strategy that works for them. Additionally, traders can pause rules at any point, and they will receive free daily emails that contain trading signals which can assist them in adjusting their strategies to market conditions.
Another great feature of Coinrule is its backtesting opportunities. Traders can test out their trading rules on historical market data using TradingView. They can select the coin they intend to trade, the desired time frame as well as the strategy for trading to determine how many trades that the strategy has opened and closed in addition to profits net, the percentage of profit maximum drawdown, as well as profit factor. This can be an effective tool for increasing confidence of traders in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges, such as 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 tiers including Starter, Hobbyist Pro, and Trader with a variety of options for traders of all levels. Prices range from $0 and up to $499.99 per month. traders have the option of paying monthly or annually. Annual plans provide discounts up to 25 percent.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the next level. With features like automated trading, built-in strategies for trading with backtesting capabilities, as well as the ability to support multiple trusted exchanges, Coinrule can be a powerful tool that can assist you in making the most of the trading strategies you employ.