The world of trading in cryptocurrency can be quite exciting However, it can become time-consuming and stressful for many traders. This is where Coinrule comes in. Coinrule is an automated trading tool that can help traders stick to their crypto strategy without having to continuously keep track of the market. It’s simple to use even for those without coding experience, and offers many features that can take you trading experience to highest step.
Coinrule was established in 2017 in London by a team of cryptocurrency and blockchain enthusiasts. Its goal is to make trading in cryptocurrency more efficient by providing an automated trading platform 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 aspects of Coinrule is the user-friendly automated trading. The cryptocurrency markets can be highly volatile and it can be difficult for traders to keep up with constantly changing charts. Coinrule lets traders establish trading rules and then monitors the market and makes trades that are compatible with their strategies. This allows traders to place their cryptocurrency trading to autopilot and not have to spend hours poring over charts.
Coinrule also offers built-in trading strategies that traders can pick from. There are over 150 rules to choose from which makes it simple for both experienced and novice traders to find a strategy that works for them. Furthermore, traders are able to pause rules at any time and they will receive free daily emails that contain trading signals which can assist them in adjusting their strategy according to the changing market.
Another excellent aspect of Coinrule is its backtesting capabilities. Investors can test their trading strategies based with historical market data by using TradingView. They can choose the cryptocurrency they intend to trade and the time frame they want to use and trading strategy and see how many trades were opened and closed in addition to profits net, percentage of profit as well as the maximum drawdown and the profit ratio. This can be a helpful tool for increasing confidence of traders in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can 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 of all levels. Prices vary from $0 to $499.99 per month, and traders are able to pay each month or annually. Annual plans provide discounts up to 25%.
Overall, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the next level. With features like automated trading, built-in strategies for trading as well as backtesting options, and support for a variety of trusted exchanges, Coinrule is a robust tool that can aid you in making the most of any trading plan.