The world of trading in cryptocurrency can be quite exciting, but it can also become time-consuming and stressful in the eyes of many trader. This is the point where Coinrule comes in. Coinrule is an automated tool for trading that helps traders adhere to their cryptocurrency strategy without the need to constantly keep track of the market. It is easy to use even for those with no programming expertise, and comes with a variety of features that can boost you trading experience to next step.
Coinrule was established in the year 2017 in London by a team of blockchain and cryptocurrency enthusiasts. The company’s mission is at making trading cryptocurrencies easier by offering an automated platform for trading that can integrate safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above its goal.
One of the most important aspects of Coinrule is the easy-to-use automated trading system. The cryptocurrency markets can be very volatile and it can be hard for trader to keep track of the constantly changing charts. Coinrule allows traders to create trading rules, and then examines the market and make trades that fit into their strategies. This allows traders to place their cryptocurrency trading to autopilot and not go through charts for hours.
Coinrule provides integrated trading strategies that investors can pick from. There are over 150 rules available, making it easy for both novice and experienced traders to choose an approach that is suitable for them. Additionally, traders can 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 wonderful characteristic of Coinrule is its backtesting opportunities. Traders can test out their trading strategy with historical market data by using TradingView. You can choose the currency they intend to trade, the desired time frame, and the trading strategy to determine how many trades that the strategy opened and closed in addition to its net profits, the percentage of profitability as well as the maximum drawdown and the profit ratio. This can be an effective method to boost the trust of traders in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader, offering different options to traders of all levels. Prices vary from $0 to $499.99 per month. traders can choose to pay each month or annually. Annual plans provide discounts of up to 25 percent.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the next level. With features like automatized trading, integrated strategies for trading, backtesting opportunities, and support for a variety of trusted trading platforms, Coinrule can be a powerful tool that will help you make the most of your trading strategy.