The world of trading in cryptocurrency is quite thrilling, but it can also become time-consuming and stressful for many traders. This is where Coinrule comes in. Coinrule is an automated trading tool that can help traders stick to their cryptocurrency strategy without having to constantly keep track of the market. It’s simple to use, even for those without coding knowledge, and provides a variety of features that can help you take trades to the highest step.
Coinrule was founded in the year 2017 London by a team of crypto and blockchain enthusiasts. Its goal is at making trading cryptocurrency easier by offering an automated trading platform which can be integrated safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its goal.
One of the most important aspects of Coinrule is the easy to use automated trading. The market for cryptocurrency is highly volatile and it can be difficult for traders to keep track of the ever-changing charts. Coinrule allows traders to establish trading rules and then monitors the market and makes trades that match 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 also offers integrated trading strategies that investors can select from. There are over 150 rules to choose from, making it easy for both experienced and novice traders to find an approach that is suitable for them. Additionally, traders can pause rules at any point, and they will receive free daily emails with trading signals to help them adapt their strategies to market conditions.
Another excellent characteristic of Coinrule is the possibility of backtesting. The traders can test their trading rules by using historical market data in TradingView. You can choose the currency they intend to trade as well as the timeframe they wish to trade as well as the strategy for trading to determine how many trades that the strategy has opened and closed, as well as the net profit, percentage of profitability maximum drawdown, as well as profit percentage. This can be an effective tool for increasing 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. This means that traders can use Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Trader, and Pro, offering different options to traders at all levels. Prices start at $0 and go up through $499.99 per month. traders are able to pay monthly or annually. The annual plans can offer discounts up to 25 percent.
All in all, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the next level. With features like automated trading, built-in strategies for trading with backtesting capabilities, as well as support for multiple trustworthy exchanges, Coinrule can be a powerful tool that will assist you in making the most out of any trading plan.