The world of cryptocurrency trading can be quite exciting however, it can be time-consuming and overwhelming in the eyes of many trader. This is where Coinrule is able to help. Coinrule is an automated tool for trading that helps traders stick to their cryptocurrency strategy without having to constantly keep track of the market. It is easy to use even for those with no programming knowledge, and provides many options that will help you take your trading to the next level.
Coinrule was founded in the year 2017 London by a team of blockchain and cryptocurrency enthusiasts. The company’s mission is to make trading in cryptocurrencies easier by offering an automated platform for trading that can integrate safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its target.
One of the key advantages of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is highly volatile and it can be challenging for investors to stay track of the constantly changing charts. Coinrule allows traders to set up trading rules and then examines the market and make trades that match their strategy. This means that traders can place their cryptocurrency trading up to run on autopilot, and not look over charts for hours.
Coinrule also offers integrated trading strategies that traders can choose from. There are over 150 rules to choose from that make it simple for both experienced and novice traders to choose the best strategy for them. In addition, traders can stop rules at any point, and will be sent daily emails with signals for trading to help them adapt their strategy according to the changing market.
Another wonderful characteristic of Coinrule is its backtesting capabilities. Traders can test out their trading rules on historical market data using TradingView. You can choose the currency they will be trading, the desired time frame and trading strategy, and then check how many trades the strategy has opened and closed and also its net profits, the percentage of profit as well as the maximum drawdown and the profit ratio. This can be a helpful instrument to increase a trader’s confidence in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Pro, and Trader, with different options for traders at all levels. Prices vary from $0 to $499.99 per month, and traders can choose to pay either monthly or annually. The yearly plans offer discounts of up to%.
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, backtesting opportunities, and support for a variety of trusted exchanges, Coinrule provides a reliable tool that can assist you in making the most of the trading strategies you employ.