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 is able to help. Coinrule is an automated trading tool that helps traders stick to their crypto strategy without having to continuously be on the lookout for market trends. It is easy to use, even for those without coding experience, and offers various features that can help you take your trading to the highest step.
Coinrule was established in 2017 , in London by a group of cryptocurrency and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrency less tedious by providing an automated trading platform that can integrate safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over the amount it had set for.
One of the main features of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is very volatile and it is often challenging for investors to stay track of the constantly changing charts. Coinrule allows traders to set up trading rules and then analyzes the market and then makes trades that match their strategy. This means that traders are able to place their cryptocurrency trading up to run on autopilot and not have to go through charts for hours.
Coinrule also offers integrated trading strategies that investors can pick from. There are more than 150 rules available, making it easy for both novice and experienced traders to choose a strategy that works for them. Additionally, traders can pause rules at any time, and receive daily emails with trading signals which can assist them in adjusting their strategy to the market.
Another wonderful aspect of Coinrule is the possibility of backtesting. Traders can test out their trading rules by using historical market data in TradingView. They can select the coin they plan to trade and the time frame they want to use as well as the strategy for trading, and then see how many trades were opened and closed and also its net profits, the percentage of profitability maximum drawdown, as well as profit factor. This is a useful tool for increasing confidence of traders in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can use Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Trader, and Pro, with a variety of options for traders at all levels. Prices start at $0 and go up to $499.99 per month. traders are able to pay either monthly or annually. Annual plans provide discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the next level. With features such as automatic trading and built-in strategies for trading as well as backtesting options, and support for a variety of trusted exchanges, Coinrule provides a reliable tool that can assist you in making the most of any trading plan.