The world of trading in cryptocurrency can be quite exciting, but it can also become time-consuming and stressful in the eyes of many trader. This is where Coinrule comes in. Coinrule is an automated trading tool that can help traders stick to their crypto strategy without having to constantly keep track of the market. It is easy to use even for those without coding experience, and offers various features that can take you trading experience to next step.
Coinrule was established in the year 2017 London by a group of blockchain and cryptocurrency enthusiasts. The company’s mission 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 of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above its goal.
One of the key advantages of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be highly volatile and it is often difficult for traders to keep up with ever-changing charts. Coinrule lets traders set up trading rules and then analyzes the market and then makes trades that fit into their strategy. This allows traders to place their cryptocurrency trading to autopilot and not have to spend hours poring over charts.
Coinrule provides integrated trading strategies that traders can pick from. There are over 150 rules available which makes it simple for both new and experienced traders to find an approach that is suitable for them. In addition, traders can stop rules at any time and will be sent daily emails with signals for trading to help them adapt their strategies to market conditions.
Another great aspect of Coinrule is its backtesting opportunities. Investors can test their trading rules with historical market data by using TradingView. They can choose the cryptocurrency they plan to trade and the time frame they want to use and trading strategy and see how many trades the strategy opened and closed and also profits net, percentage of profitability as well as the maximum drawdown and profit factor. This is a useful tool for increasing a trader’s confidence in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to integrate Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Trader, and Pro, with a variety of options for traders at all levels. Prices range from $0 through $499.99 per month, and traders are able to pay either monthly or annually. Annual plans provide discounts up to 25 percent.
All in all, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest possible level. With features like automatic trading and built-in strategies for trading with backtesting capabilities, as well as support for a variety of trusted cryptocurrency exchanges Coinrule is a robust tool that will assist you in making the most of the trading strategies you employ.