The world of trading in cryptocurrency can be very exciting, but it can also be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule is able to help. Coinrule is an automated trading tool that helps traders stick to their cryptocurrency strategy without having to constantly keep track of the market. It’s easy to use, even for those without coding experience, and offers many options that will take your trading to the highest level.
Coinrule was founded in the year 2017 London by a team of crypto and blockchain enthusiasts. Its goal is to make trading in cryptocurrencies 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) through Seedrs, over 200% more than the amount it had set for.
One of the most important advantages of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be very volatile and it can be difficult for traders to keep up with ever-changing charts. Coinrule lets traders create trading rules, and then monitors the market and makes trades that fit into their strategy. This means that traders can place their cryptocurrency trading up to run on autopilot and not have to look over charts for hours.
Coinrule has built-in trading strategies that traders can select from. There are over 150 trading rules to pick from which makes it simple for both new and experienced traders to choose an approach that is suitable for them. In addition, traders can stop rules at any time, and receive daily emails with trading signals to help them adapt their strategies to market conditions.
Another wonderful characteristic of Coinrule is its backtesting capabilities. Traders can test out their trading strategies based with historical market data by using TradingView. They can choose the cryptocurrency they will be trading, the desired time frame as well as the strategy for trading and check how many trades were opened and closed in addition to its net profits, percentage of profitability as well as the maximum drawdown and the profit ratio. This can be an effective method to boost a trader’s confidence in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can connect Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader, with different options for traders at all levels. Prices vary from $0 through $499.99 per month, and traders have the option of paying either monthly or annually. The yearly plans offer discounts of up to 25 percent.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the next level. With features such as automatic trading and built-in strategies for trading as well as backtesting options, and the ability to support multiple trusted cryptocurrency exchanges Coinrule can be a powerful tool that will aid you in making the most of the trading strategies you employ.