The world of trading in cryptocurrency is quite thrilling, but it can also be time-consuming and overwhelming for many traders. This is where Coinrule comes in. Coinrule is an automated tool for trading that helps traders stick to their crypto strategy without having to constantly keep track of the market. It’s simple to use even for people with no programming 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 cryptocurrency and blockchain enthusiasts. Its goal is at making trading cryptocurrency less tedious by providing an automated trading platform that can integrate safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its goal.
One of the key aspects of Coinrule is the easy-to-use automated trading system. The markets for cryptocurrency can be very volatile and it is often hard for trader to keep up with ever-changing charts. Coinrule allows traders to establish trading rules and then monitors the market and makes trades that are compatible with their strategies. This allows traders to put their cryptocurrency trading up to run on autopilot and not go through charts for hours.
Coinrule also offers integrated trading strategies that traders can pick from. There are over 150 trading rules to pick from that make it simple for both novice and experienced traders to find a strategy that works for them. In addition, traders can stop rules at any time, and they will receive free daily emails that contain trading signals that can help them adjust their strategy according to the changing market.
Another wonderful characteristic of Coinrule is the possibility of backtesting. Investors can test their trading strategy with historical market data by using TradingView. They can select the coin they will be trading and the time frame they want to use as well as the strategy for trading to check how many trades were opened and closed in addition to its net profits, the percentage of profitability, maximum drawdown, and profit percentage. This is a useful instrument to increase confidence of traders in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to integrate Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader with different options for traders at all levels. Prices vary from $0 to $499.99 per month, and traders are able to pay monthly or annually. The yearly plans offer discounts up to 25 percent.
In the end, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest level. With features such as automatized trading, integrated strategies for trading with backtesting capabilities, as well as support for multiple trustworthy cryptocurrency exchanges Coinrule provides a reliable tool that will help you make the most of any trading plan.