The world of cryptocurrency trading can be very exciting, but it can also 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 continuously monitor the markets. It is easy to use, even for those without coding experience, and offers many options that will help you take your trading to the highest step.
Coinrule was established in 2017 , in London by a team of blockchain and cryptocurrency enthusiasts. The company aims at making trading cryptocurrency easier by offering an automated platform for trading that can integrate safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its target.
One of the main advantages of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be very volatile and it is often difficult for traders to keep up with constantly changing charts. Coinrule allows traders to establish trading rules and then examines the market and make trades that fit into their plan of action. This means that traders can place their cryptocurrency trading to autopilot, and not go through charts for hours.
Coinrule also offers integrated trading strategies that investors can select from. There are more than 150 trading rules to pick from which makes it simple for both novice and experienced traders to choose a strategy that works for them. Additionally, traders can pause rules at any time and will be sent daily emails with trading signals to help them adapt their strategies to market conditions.
Another excellent feature of Coinrule is its backtesting capabilities. The traders can test their trading strategy with historical market data by using TradingView. You can choose the currency they intend to trade, the desired time frame and trading strategy and determine how many trades that the strategy has opened and closed in addition to profits net, the percentage of profitability as well as the maximum drawdown and the profit ratio. This is a useful tool for increasing confidence 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 including Starter, Hobbyist Pro, and Trader with different options for traders at all levels. Prices start at $0 and go up and up to $499.99 per month. traders are able to pay monthly or annually. Annual plans provide discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the next 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 will help you make the most out of your trading strategy.