The world of trading in cryptocurrency can be very exciting however, it can become time-consuming and stressful for many traders. This is where Coinrule is able to help. Coinrule is an automated tool for trading that helps traders stick to their cryptocurrency strategy without the need to constantly be on the lookout for market trends. It’s simple to use, even for those without coding experience, and offers various options to help you take trades to the next level.
Coinrule was established in the year 2017 in London by a team of blockchain and cryptocurrency enthusiasts. The company aims to make trading in cryptocurrency less tedious by providing an automated platform for trading that is able to integrate securely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than its target.
One of the most important advantages of Coinrule is its user-friendly automated trading. The market for cryptocurrency is very volatile and it is often challenging for investors to stay up with the constantly changing charts. Coinrule lets traders set up trading rules and then examines the market and make trades that fit into their plan of action. This allows traders to place their cryptocurrency trading on autopilot and not look over charts for hours.
Coinrule also offers built-in trading strategies that traders can choose from. There are more than 150 rules available, making it easy for both novice and experienced traders to choose a strategy that works for them. In addition, traders can stop rules at any time, and receive daily emails with signals for trading that can help them adjust their strategy to the market.
Another wonderful characteristic of Coinrule is the possibility of backtesting. Investors can test their trading strategy on historical market data using TradingView. You can choose the currency they plan to trade and the time frame they want to use as well as the strategy for trading and check how many trades the strategy opened and closed and also its net profits, the percentage of profit maximum drawdown, as well as profit percentage. This can be a helpful method to boost the trust of traders in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to use Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader with different options for traders of all levels. Prices start at $0 and go up through $499.99 per month. traders have the option of paying either monthly or annually. Annual plans provide discounts up to 25 percent.
In the end, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest possible level. With features such as automatic trading and built-in strategies for trading as well as backtesting options, and support for multiple trustworthy trading platforms, Coinrule provides a reliable instrument that can help you make the most of your trading strategy.