The world of trading cryptocurrency can be very exciting however, it can become time-consuming and stressful to many investors. 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 keep track of the market. It’s simple to use, even for those with no programming knowledge, and provides many features that can boost trades to the next level.
Coinrule was established in the year 2017 , in London by a group of blockchain and cryptocurrency enthusiasts. The company aims at making trading cryptocurrencies less tedious 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. This is 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 system. The market for cryptocurrency is extremely volatile, and it is often hard for trader to keep up with the constantly changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that fit into their strategy. This means that traders are able to place their cryptocurrency trading to autopilot, and not look over charts for hours.
Coinrule provides integrated trading strategies that traders can pick from. There are over 150 rules to choose from which makes it simple for both novice and experienced traders to choose the best strategy for them. In addition, traders can stop rules at any time, and they will receive free daily emails with trading signals that can help them adjust their strategy to the market.
Another excellent aspect of Coinrule is the possibility of backtesting. Traders can test out their trading strategies based on historical market data using TradingView. You can choose the currency they plan to trade as well as the timeframe they wish to trade, and the trading strategy to determine how many trades that were opened and closed in addition to the net profit, the percentage of profit, maximum drawdown, and the profit ratio. This can be a helpful instrument to increase the trust of traders in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Pro, and Trader, offering different options to traders of all levels. Prices start at $0 and go up through $499.99 per month. traders can choose to pay either monthly or annually. The yearly plans offer discounts up to 25%.
Overall, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest possible level. With features such as automatized trading, integrated strategies for trading as well as backtesting options, and the ability to support multiple trusted cryptocurrency exchanges Coinrule is a robust instrument that can aid you in making the most of any trading plan.