The world of trading cryptocurrency can be quite exciting, but it can also become time-consuming and stressful in the eyes of many trader. This is where Coinrule is able to help. Coinrule is an automated trading tool that can help traders stick to their cryptocurrency strategy without the need to constantly be on the lookout for market trends. It’s easy to use even for those with no programming knowledge, and provides a variety of features that can help you take your trading to the next level.
Coinrule was established in the year 2017 in London by a group of cryptocurrency and blockchain enthusiasts. Its goal is to make trading in cryptocurrencies more efficient by providing an automated platform for trading that is able to integrate securely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on 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 up with ever-changing charts. Coinrule allows traders to create trading rules, and then analyzes the market and then makes trades that fit into their strategy. This allows traders to put their cryptocurrency trading to autopilot and not have to look over charts for hours.
Coinrule provides integrated trading strategies that traders can choose from. There are over 150 trading rules to pick from that make it simple for both novice and experienced traders to find a strategy that works for them. Furthermore, traders are able to pause rules at any point, and they will receive free daily emails with signals for trading which can assist them in adjusting their strategies to market conditions.
Another excellent aspect of Coinrule is the possibility of backtesting. Investors can test their trading strategy with historical market data by using TradingView. They can choose the cryptocurrency they intend to trade as well as the timeframe they wish to trade and trading strategy, and then check how many trades the strategy has opened and closed in addition to profits net, percentage of profitability, maximum drawdown, and profit percentage. This can be a helpful method to boost a trader’s confidence in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can connect Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader, offering different options to traders of all levels. Prices range from $0 and up to $499.99 per month. traders are able to pay either monthly or annually. The annual plans can offer discounts up to 25%.
In the end, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest possible level. With features such as automatized trading, integrated strategies for trading as well as backtesting options, and the ability to support multiple trusted cryptocurrency exchanges Coinrule can be a powerful instrument that can help you make the most out of the trading strategies you employ.