The world of cryptocurrency trading can be quite exciting, but it can also be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule comes in. Coinrule is an automated tool for trading that helps traders stick to their cryptocurrency strategy without the need to constantly keep track of the market. It is easy to use, even for those without coding experience, and offers many options that will boost you trading experience to next step.
Coinrule was established in the year 2017 in London by a team of cryptocurrency and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrency easier by offering an automated trading platform that is able to integrate securely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over the amount it had set for.
One of the most important advantages of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be very volatile and it can be challenging for investors to stay up with the ever-changing charts. Coinrule lets traders establish trading rules and then analyzes the market and then makes trades that fit into their strategy. This means that traders can put their cryptocurrency trading on autopilot and not have to look over charts for hours.
Coinrule also offers integrated trading strategies that investors can pick from. There are over 150 trading rules to pick from which makes it simple for both novice and experienced traders to discover an approach that is suitable for them. In addition, traders can stop rules at any point, and they will receive free daily emails with signals for trading that can help them adjust their strategy according to the changing market.
Another great aspect of Coinrule is the possibility of backtesting. The traders can test their trading strategy with historical market data by using TradingView. You can choose the currency they intend to trade, the desired time frame and trading strategy, and then determine how many trades that the strategy opened and closed, as well as profits net, percentage of profitability, maximum drawdown, and profit factor. This can be a helpful instrument to increase a trader’s confidence in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers including 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 can choose to pay monthly or annually. The yearly plans offer discounts up to 25 percent.
In the end, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading 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 trading platforms, Coinrule is a robust tool that can help you make the most of the trading strategies you employ.