The world of trading in cryptocurrency can be very exciting however, it can become time-consuming and stressful in the eyes of many trader. This is the point where Coinrule comes in. Coinrule is an automated trading tool that helps traders adhere to their cryptocurrency strategy without having to constantly keep track of the market. It’s easy to use even for people with no programming expertise, and comes with various features that can help you take your trading to the next level.
Coinrule was established in 2017 in London by a group of crypto and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrency more efficient by providing an automated trading platform that is able to integrate securely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above the amount it had set for.
One of the main aspects of Coinrule is the easy to use automated trading. The cryptocurrency markets can be very volatile and it can be difficult for traders to keep up with the ever-changing charts. Coinrule allows traders to create trading rules, and then analyzes the market and then makes trades that are compatible with their strategies. This means that traders are able to put their cryptocurrency trading on autopilot and not look over charts for hours.
Coinrule provides integrated trading strategies that investors can pick from. There are more than 150 trading rules to pick from that make it simple for both new and experienced traders to discover the best strategy for them. In addition, traders can stop rules at any time and will be sent daily emails with trading signals to help them adapt their strategies to market conditions.
Another wonderful feature of Coinrule is its backtesting opportunities. The traders can test their trading rules on historical market data using TradingView. They can choose the cryptocurrency they plan to trade, the desired time frame as well as the strategy for trading, and then see how many trades were opened and closed and also profits net, percentage of profit as well as the maximum drawdown and profit percentage. 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. So, traders are able to connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Pro, and Trader with different options for traders at all levels. Prices vary from $0 to $499.99 per month, and traders have the option of paying monthly or annually. The annual plans can offer discounts up to 25 percent.
Overall, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the highest level. With features like automated trading, built-in strategies for trading as well as backtesting options, and support for a variety of trusted trading platforms, Coinrule is a robust tool that can help you make the most of the trading strategies you employ.