The world of trading cryptocurrency can be quite exciting however, it can 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 stick to their crypto strategy without having to constantly be on the lookout for market trends. It’s easy to use even for people with no programming expertise, and comes with various options that will boost you trading experience to 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 less tedious by providing an automated trading platform that can integrate safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than the amount it had set for.
One of the key aspects of Coinrule is the user-friendly automated trading. The market for cryptocurrency is very volatile and it is often challenging for investors to stay up with the constantly changing charts. Coinrule lets traders create trading rules, and then analyzes the market and then makes trades that match their strategy. This allows traders to place their cryptocurrency trading on autopilot and not look over charts for hours.
Coinrule has integrated trading strategies that investors can choose from. There are more than 150 trading rules to pick from which makes it simple for both novice and experienced traders to choose an approach that is suitable for them. In addition, traders can stop rules at any time, and they will receive free daily emails that contain trading signals to help them adapt their strategy to the market.
Another wonderful aspect of Coinrule is its backtesting capabilities. Traders can test out their trading strategies based on historical market data using TradingView. They can select the coin they intend to trade as well as the timeframe they wish to trade as well as the strategy for trading and determine how many trades that were opened and closed, as well as its net profits, the percentage of profitability maximum drawdown, as well as profit factor. This can be a helpful method to boost the trust 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. This means that traders can use Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader offering different options to traders at all levels. Prices vary from $0 to $499.99 per month, and traders have the option of paying either monthly or annually. The yearly plans offer discounts of up to percent.
Overall, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest level. With features such as automatized trading, integrated trading strategies with backtesting capabilities, as well as support for a variety of trusted cryptocurrency exchanges Coinrule can be a powerful tool that will assist you in making the most out of any trading plan.