The world of cryptocurrency trading is quite thrilling, 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 stick to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It is easy to use, even for those with no programming knowledge, and provides many options to take trades to the next step.
Coinrule was founded in the year 2017 London by a group of crypto and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrency easier by offering an automated trading platform that can integrate safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over its goal.
One of the key aspects of Coinrule is the user-friendly automated trading. The cryptocurrency markets can be very volatile and it can be challenging for investors to stay track of the constantly changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that match their strategies. This means that traders can place their cryptocurrency trading on autopilot, and not go through charts for hours.
Coinrule also offers integrated trading strategies that traders can choose from. There are more than 150 rules to choose from which makes it simple for both experienced and novice traders to discover the best strategy for them. In addition, traders can stop rules at any time, and receive daily emails with signals for trading to help them adapt their strategy according to the changing market.
Another great feature of Coinrule is its backtesting capabilities. Traders can test out their trading strategies based with historical market data by using TradingView. They can select the coin they will be trading as well as the timeframe they wish to trade and trading strategy to determine how many trades that the strategy has opened and closed, as well as the net profit, percentage of profit maximum drawdown, as well as the profit ratio. This can be an effective method to boost confidence of traders in the trading rules they design.
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 levels including Starter, Hobbyist Pro, and Trader, offering different options to traders of all levels. Prices range from $0 through $499.99 per month, and traders can choose to pay either monthly or annually. The annual plans can offer discounts of up to 25%.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest possible level. With features such as automatic trading and built-in strategies for trading with backtesting capabilities, as well as support for a variety of trusted exchanges, Coinrule provides a reliable instrument that can assist you in making the most of the trading strategies you employ.