The world of cryptocurrency trading is quite thrilling, but it can also be time-consuming and overwhelming for many traders. This is where Coinrule comes in. Coinrule is an automated trading tool that can help traders stick to their crypto strategy without the need to constantly be on the lookout for market trends. It is easy to use, even for people with no programming experience, and offers many options to boost trades to the next level.
Coinrule was established in the year 2017 , in London by a group of cryptocurrency and blockchain enthusiasts. The company aims at making trading cryptocurrency more efficient by providing an automated platform for trading which can be integrated safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above its goal.
One of the main features 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 ever-changing charts. Coinrule lets traders create trading rules, and then monitors the market and makes trades that fit into their strategies. This means that traders are able to put their cryptocurrency trading up to run on autopilot and not have to go through charts for hours.
Coinrule provides integrated trading strategies that traders can pick from. There are more than 150 rules available, making it easy for both new and experienced traders to discover 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 which can assist them in adjusting their strategies to market conditions.
Another wonderful aspect of Coinrule is the possibility of backtesting. Investors can test their trading rules by using historical market data in TradingView. You can choose the currency they plan to trade, the desired time frame, and the trading strategy and determine how many trades that the strategy has opened and closed in addition to its net profits, the percentage of profit as well as the maximum drawdown and profit factor. This can be an effective method to boost confidence of traders in the trading rules they create.
Coinrule has also been able to work with several reliable 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 provides four pricing levels that include Starter, Hobbyist Pro, and Trader with a variety of options for traders at all levels. Prices vary from $0 through $499.99 per month. traders are able to pay either monthly or annually. The annual plans can offer discounts up to 25 percent.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the highest possible level. With features like automatized trading, integrated trading strategies as well as backtesting options, and the ability to support multiple trusted exchanges, Coinrule can be a powerful tool that will assist you in making the most out of your trading strategy.