The world of cryptocurrency trading can be very exciting however, it can become time-consuming and stressful for many traders. This is the point where Coinrule comes in. Coinrule is an automated trading tool that helps traders stick to their cryptocurrency strategy without the need to constantly be on the lookout for market trends. It is easy to use even for those without coding experience, and offers a variety of features that can help you take trades to the next step.
Coinrule was established in the year 2017 , in London by a group of blockchain and cryptocurrency enthusiasts. The company’s mission is at making trading cryptocurrencies easier by offering an automated platform for trading which can be integrated safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its goal.
One of the key features of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be extremely volatile, and it is often challenging for investors to stay up with ever-changing charts. Coinrule allows traders to establish trading rules and then analyzes the market and then makes trades that fit into their strategies. This means that traders can set their cryptocurrency trading to autopilot and not have to look over charts for hours.
Coinrule also offers integrated trading strategies that investors can choose from. There are more than 150 trading rules to pick from which makes it simple for both new and experienced traders to find an approach that is suitable for them. Furthermore, traders are able to pause rules at any time and they will receive free daily emails with signals for trading which can assist them in adjusting their strategy to the market.
Another excellent characteristic of Coinrule is its backtesting opportunities. Traders can test out their trading strategy by using historical market data in TradingView. You can choose the currency they intend to trade and the time frame they want to use, and the trading strategy, and then check how many trades the strategy opened and closed and also its net profits, percentage of profit, maximum drawdown, and profit factor. This can be a helpful tool for increasing a trader’s confidence in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges like 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, Starter, Hobbyist, Trader, and Pro, with a variety of options for traders of all levels. Prices vary from $0 through $499.99 per month. traders can choose to pay monthly or annually. The yearly plans offer discounts up to 25%.
All in all, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the highest possible level. With features such as automated trading, built-in trading strategies with backtesting capabilities, as well as support for a variety of trusted exchanges, Coinrule is a robust tool that will aid you in making the most of the trading strategies you employ.