The world of trading in cryptocurrency can be quite exciting however, it can become time-consuming and stressful in the eyes of many trader. This is the point where Coinrule is able to help. Coinrule is an automated trading tool that can help traders stick to their crypto strategy without the need to constantly monitor the markets. It’s easy to use even for those without coding experience, and offers a variety of options that will take your trading to the next level.
Coinrule was established in the year 2017 , in London by a team of crypto and blockchain enthusiasts. The company aims to make trading in cryptocurrency more efficient by providing an automated platform for trading which can be integrated safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over the amount it had set for.
One of the main features of Coinrule is its user-friendly automated trading. The market for cryptocurrency is very volatile and it is often difficult for traders to keep track of the ever-changing charts. Coinrule lets traders establish trading rules and then analyzes the market and then makes trades that fit into their plan of action. This allows traders to place their cryptocurrency trading up to run on autopilot and not have to go through charts for hours.
Coinrule has built-in trading strategies that traders can pick from. There are more than 150 rules to choose from that make it simple for both novice and experienced traders to discover an approach that is suitable for them. Additionally, traders can pause rules at any time, and receive daily emails that contain trading signals to help them adapt their strategy according to the changing market.
Another wonderful feature of Coinrule is its backtesting capabilities. The traders can test their trading strategies based by using historical market data in TradingView. You can choose the currency they plan to trade as well as the timeframe they wish to trade, and the trading strategy and determine how many trades that were opened and closed in addition to its net profits, percentage of profitability as well as the maximum drawdown and profit percentage. This can be a helpful tool for increasing confidence of traders in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Pro, and Trader with a variety of options for traders of all levels. Prices start at $0 and go up through $499.99 per month, and traders have the option of paying each month or annually. The annual plans can offer discounts up to 25 percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest possible level. With features such as automatic trading and built-in strategies for trading with backtesting capabilities, as well as support for a variety of trusted exchanges, Coinrule can be a powerful tool that can assist you in making the most of the trading strategies you employ.