The world of cryptocurrency trading is quite thrilling, but it can also be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule is able to help. Coinrule is an automated tool for trading that helps traders stick to their crypto strategy without the need to constantly monitor the markets. It’s easy to use, even for people with no programming expertise, and comes with various features that can take you trading experience to next step.
Coinrule was founded in 2017 , in London by a group of crypto and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrency less tedious by providing an automated platform for trading which can be integrated safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over its goal.
One of the most important advantages of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be extremely volatile, and it can be hard for trader to keep up with the constantly changing charts. Coinrule lets traders create trading rules, and then analyzes the market and then makes trades that are compatible with their strategies. This allows traders to place their cryptocurrency trading to autopilot and not have to go through charts for hours.
Coinrule also offers integrated trading strategies that traders can choose from. There are more than 150 rules to choose from which makes it simple for both new and experienced traders to choose an approach that is suitable for them. Furthermore, traders are able to pause rules at any time, and will be sent daily emails that contain trading signals to help them adapt their strategy according to the changing market.
Another great feature of Coinrule is its backtesting opportunities. The traders can test their trading strategies based by using historical market data in TradingView. They can choose the cryptocurrency they intend to trade and the time frame they want to use as well as the strategy for trading, and then determine how many trades that the strategy opened and closed and also its net profits, percentage of profitability maximum drawdown, as well as profit percentage. This can be a helpful instrument to increase confidence of traders in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Trader, and Pro, with different options for traders of all levels. Prices vary from $0 through $499.99 per month, and traders can choose to pay either 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 take your cryptocurrency trading 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 provides a reliable tool that can help you make the most of the trading strategies you employ.