The world of trading in cryptocurrency can be quite exciting However, it can become time-consuming and stressful in the eyes of many trader. This is 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 easy to use even for people with no programming experience, and offers a variety of options to take trades to the next level.
Coinrule was established in the year 2017 in London by a group of crypto and blockchain enthusiasts. The company aims to make trading in cryptocurrencies less tedious by providing an automated trading platform which can be integrated safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above its target.
One of the most important aspects of Coinrule is the user-friendly automated trading. The market for cryptocurrency is extremely volatile, and it is often difficult for traders to keep up with the constantly changing charts. Coinrule allows traders to establish trading rules and then monitors the market and makes trades that are compatible with their plan of action. This means that traders can put their cryptocurrency trading up to run on autopilot and not have to go through charts for hours.
Coinrule also offers integrated trading strategies that traders can pick from. There are over 150 rules to choose from, making it easy for both new and experienced traders to discover a strategy that works for them. In addition, traders can stop rules at any point, and they will receive free daily emails that contain trading signals that can help them adjust their strategies to market conditions.
Another excellent aspect of Coinrule is the possibility of backtesting. The traders can test their trading strategies based with historical market data by using TradingView. They can select the coin they will be trading and the time frame they want to use, and the trading strategy and see how many trades the strategy opened and closed in addition to its net profits, percentage of profitability, maximum drawdown, and profit factor. This can be a helpful instrument to increase the trust of traders in their trading strategies they develop.
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 integrate Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader with different options for traders of all levels. Prices range from $0 to $499.99 per month. traders are able to pay monthly or annually. The annual plans can offer discounts up to 25%.
In the end, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest level. With features like automatized trading, integrated strategies for trading as well as backtesting options, and support for a variety of trusted trading platforms, Coinrule can be a powerful tool that can assist you in making the most of your trading strategy.