The world of trading in cryptocurrency can be quite exciting however, it can become time-consuming and stressful for many traders. This is where Coinrule is able to help. Coinrule is an automated trading tool that can help traders adhere to their cryptocurrency strategy without the need to constantly be on the lookout for market trends. It is easy to use even for those with no programming expertise, and comes with many options that will boost you trading experience to next level.
Coinrule was established in 2017 in London by a team of cryptocurrency and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrencies easier by offering an automated trading platform that can integrate safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its target.
One of the key aspects of Coinrule is the easy to use 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 lets traders establish trading rules and then monitors the market and makes trades that are compatible with their plan of action. This means that traders can place their cryptocurrency trading on autopilot and not look over charts for hours.
Coinrule also offers integrated trading strategies that traders can select from. There are more than 150 trading rules to pick from, making it easy for both novice and experienced traders to choose a strategy that works for them. In addition, traders can stop rules at any point, and receive daily emails with trading signals that can help them adjust their strategies to market conditions.
Another great feature of Coinrule is its backtesting opportunities. The traders can test their trading rules by using historical market data in TradingView. They can choose the cryptocurrency they will be trading and the time frame they want to use, and the trading strategy and see how many trades the strategy has opened and closed in addition to profits net, percentage of profit as well as the maximum drawdown and the profit ratio. This can be an effective method to boost the trust of traders in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader with a variety of options for traders at all levels. Prices range from $0 through $499.99 per month, and traders have the option of paying monthly or annually. The yearly plans 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 highest level. With features such as automated trading, built-in strategies for trading with backtesting capabilities, as well as support for multiple trustworthy exchanges, Coinrule is a robust tool that can assist you in making the most out of any trading plan.