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 is able to help. Coinrule is an automated tool for trading that helps traders stick to their crypto strategy without having to continuously be on the lookout for market trends. It is easy to use, even for those without coding expertise, and comes with various options that will help you take you trading experience to next level.
Coinrule was established in the year 2017 , in London by a team of blockchain and cryptocurrency enthusiasts. The company aims create a system that makes trading cryptocurrency easier by offering an automated platform for trading which can be integrated safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above its target.
One of the most important features of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is extremely volatile, and it is often difficult for traders to keep track of the constantly changing charts. Coinrule lets traders set up trading rules and then examines the market and make trades that are compatible with their plan of action. This means that traders can set their cryptocurrency trading on autopilot and not go through charts for hours.
Coinrule provides integrated trading strategies that investors can select from. There are over 150 rules to choose from that make it simple for both experienced and novice traders to discover a strategy that works for them. In addition, traders can stop rules at any time and will be sent daily emails with trading signals which can assist them in adjusting their strategy to the market.
Another great feature of Coinrule is the possibility of backtesting. Traders can test out their trading rules with historical market data by using TradingView. You can choose the currency they will be trading and the time frame they want to use and trading strategy to determine how many trades that the strategy opened and closed and also its net profits, the percentage of profit, maximum drawdown, and the profit ratio. This can be an effective tool for increasing the trust of traders in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to use Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader, with different options for traders of all levels. Prices start at $0 and go up and up to $499.99 per month, and traders can choose to pay each month or annually. Annual plans provide discounts of up to 25 percent.
Overall, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest possible level. With features like automated trading, built-in trading strategies as well as backtesting options, and the ability to support multiple trusted trading platforms, Coinrule provides a reliable tool that will aid you in making the most of the trading strategies you employ.