The world of trading in cryptocurrency can be quite exciting However, it can become time-consuming and stressful to many investors. This is the point where Coinrule is able to help. Coinrule is an automated trading tool that helps traders stick to their crypto strategy without having to continuously monitor the markets. It is easy to use even for people with no programming experience, and offers a variety of features that can help you take your trading to the highest level.
Coinrule was established in the year 2017 , in London by a group of crypto and blockchain enthusiasts. The company aims at making trading cryptocurrency less tedious by providing an automated trading platform which can be integrated safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its target.
One of the key advantages of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be highly volatile and it is often hard for trader to keep up with ever-changing charts. Coinrule lets traders establish 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 go through charts for hours.
Coinrule has integrated trading strategies that investors can choose from. There are more than 150 trading rules to pick from that make it simple for both experienced and novice traders to choose an approach that is suitable for them. Furthermore, traders are able to pause rules at any time and receive daily emails with trading signals that can help them adjust their strategy to the market.
Another great feature of Coinrule is its backtesting capabilities. Investors can test their trading strategy with historical market data by using 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 check how many trades the strategy opened and closed and also the net profit, the percentage of profit, maximum drawdown, and the profit ratio. This is a useful instrument to increase a trader’s confidence in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can use Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Pro, and Trader, with a variety of options for traders of all levels. Prices vary from $0 to $499.99 per month. traders are able to pay each month or annually. The annual plans can offer discounts of up to percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the next level. With features like automatized trading, integrated trading strategies, backtesting opportunities, and support for a variety of trusted trading platforms, Coinrule can be a powerful tool that can help you make the most out of your trading strategy.