The world of cryptocurrency trading can be quite exciting, but it can also become time-consuming and stressful for many traders. This is the point where Coinrule comes in. Coinrule is an automated trading tool that helps traders stick to their crypto strategy without having to continuously be on the lookout for market trends. It’s simple to use even for those with no programming knowledge, and provides a variety of options that will boost your trading to the next level.
Coinrule was founded in 2017 , in London by a team of blockchain and cryptocurrency enthusiasts. Its goal is to make trading in cryptocurrencies less tedious by providing an automated trading platform that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above its target.
One of the key advantages of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be very volatile and it is often hard for trader to keep track of the ever-changing charts. Coinrule lets traders set up trading rules and then monitors the market and makes trades that are compatible with their strategies. This allows traders to place their cryptocurrency trading on autopilot, and not spend hours poring over charts.
Coinrule has built-in trading strategies that traders can pick from. There are over 150 rules available, making it easy for both experienced and novice traders to discover the best strategy for them. Furthermore, traders are able to pause rules at any time and will be sent daily emails with signals for trading to help them adapt their strategies to market conditions.
Another excellent feature of Coinrule is its backtesting opportunities. Traders can test out their trading strategy with historical market data by using TradingView. You can choose the currency they intend to trade as well as the timeframe they wish to trade, and the trading strategy to check how many trades were opened and closed in addition to the net profit, the percentage of profitability maximum drawdown, as well as profit percentage. This can be an effective instrument to increase a trader’s confidence in the trading rules they design.
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 these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader, with different options for traders at all levels. Prices vary from $0 and up to $499.99 per month, and traders have the option of paying either monthly or annually. The yearly plans offer discounts of up to%.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the next level. With features such as automated trading, built-in strategies for trading, backtesting opportunities, and support for multiple trustworthy exchanges, Coinrule provides a reliable instrument that can help you make the most out of your trading strategy.