The world of cryptocurrency trading can be quite exciting, but it can also become time-consuming and stressful to many investors. This is where Coinrule comes in. Coinrule is an automated trading tool that can help traders adhere to their cryptocurrency strategy without having to constantly be on the lookout for market trends. It’s simple to use even for people with no programming expertise, and comes with various options to boost you trading experience to next step.
Coinrule was established in the year 2017 , in London by a group of blockchain and cryptocurrency enthusiasts. The company aims to make trading in cryptocurrencies more efficient by providing an automated platform for trading that is able to integrate securely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its goal.
One of the main advantages of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be highly volatile and it can be difficult for traders to keep up with the ever-changing charts. Coinrule allows traders to create trading rules, and then analyzes the market and then makes trades that are compatible with their strategy. This allows traders to set their cryptocurrency trading up to run on 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 which makes it simple for both new and experienced traders to find an approach that is suitable for them. In addition, traders can stop rules at any point, and they will receive free daily emails with trading signals that can help them adjust their strategy according to the changing market.
Another great aspect of Coinrule is its backtesting capabilities. The traders can test their trading rules on historical market data using TradingView. They can select the coin they intend to trade and the time frame they want to use as well as the strategy for trading and determine how many trades that were opened and closed, as well as profits net, percentage of profitability maximum drawdown, as well as the profit ratio. This can be an effective instrument to increase confidence of traders in the trading rules they create.
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 connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Pro, and Trader, offering different options to traders of all levels. Prices vary 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 25%.
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 such as automatized trading, integrated strategies for trading, backtesting opportunities, and support for multiple trustworthy exchanges, Coinrule provides a reliable tool that will aid you in making the most out of any trading plan.