The world of trading cryptocurrency can be quite exciting, but it can also be time-consuming and overwhelming in the eyes of many trader. This is where Coinrule comes in. Coinrule is an automated tool for trading that helps traders stick to their cryptocurrency strategy without the need to constantly be on the lookout for market trends. It’s simple to use, even for those without coding knowledge, and provides a variety of features that can take your trading to the highest level.
Coinrule was founded in the year 2017 London by a team of cryptocurrency and blockchain enthusiasts. Its goal is at making trading cryptocurrency more efficient by providing an automated trading platform that can integrate safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above the amount it had set for.
One of the most important features of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be highly volatile and it can be hard for trader to keep up with the constantly changing charts. Coinrule allows traders to establish trading rules and then monitors the market and makes trades that fit into their plan of action. This means that traders are able to place their cryptocurrency trading on autopilot and not spend hours poring over charts.
Coinrule has integrated trading strategies that investors can select from. There are over 150 trading rules to pick from which makes it simple for both experienced and novice traders to discover the best strategy for them. Additionally, traders can pause rules at any time and they will receive free daily emails with trading signals to help them adapt their strategies to market conditions.
Another wonderful characteristic of Coinrule is its backtesting opportunities. Investors can test their trading rules on historical market data using TradingView. You can choose the currency they plan to trade as well as the timeframe they wish to trade and trading strategy, and then determine how many trades that were opened and closed and also profits net, percentage of profit as well as the maximum drawdown and profit factor. This can be a helpful tool for increasing confidence of traders in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can use Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Trader, and Pro, with a variety of options for traders at all levels. Prices range from $0 to $499.99 per month, and traders have the option of paying either monthly or annually. Annual plans provide discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest level. With features like automatized trading, integrated trading strategies, backtesting opportunities, and the ability to support multiple trusted exchanges, Coinrule provides a reliable instrument that can help you make the most out of your trading strategy.