The world of trading in cryptocurrency is quite thrilling however, it can become time-consuming and stressful in the eyes of many trader. This is the point where Coinrule is able to help. Coinrule is an automated trading tool that can help traders stick to their crypto strategy without the need to constantly keep track of the market. It’s simple to use, even for those with no programming expertise, and comes with a variety of features that can take your trading to the next step.
Coinrule was established in the year 2017 , in London by a team of cryptocurrency and blockchain enthusiasts. The company aims to make trading in cryptocurrency easier by offering an automated platform for trading that can integrate safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over its target.
One of the key features of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be very volatile and it is often 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 plan of action. This means that traders are able to set their cryptocurrency trading to autopilot and not look over charts for hours.
Coinrule provides integrated trading strategies that investors can choose from. There are over 150 rules available which makes it simple for both new and experienced traders to discover a strategy that works for them. Additionally, traders can pause rules at any point, and they will receive free daily emails with trading signals that can help them adjust their strategies to market conditions.
Another great characteristic of Coinrule is its backtesting capabilities. Traders can test out their trading rules on historical market data using TradingView. You can choose the currency they intend to trade and the time frame they want to use as well as the strategy for trading to see how many trades the strategy opened and closed and also its net profits, the percentage of profitability, maximum drawdown, and profit percentage. This is a useful instrument to increase a trader’s confidence in their trading strategies they develop.
Coinrule also supports multiple trustworthy 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, Starter, Hobbyist, Trader, and Pro, with a variety of options for traders of all levels. Prices vary from $0 to $499.99 per month, and traders have the option of paying monthly or annually. Annual plans provide discounts up to 25 percent.
In the end, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest possible level. With features such as automatic trading and built-in trading strategies as well as backtesting options, and support for a variety of trusted cryptocurrency exchanges Coinrule is a robust tool that will help you make the most out of your trading strategy.