The world of trading in cryptocurrency can be very exciting however, it can 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 trading tool that helps traders adhere to their cryptocurrency strategy without having to continuously keep track of the market. It is easy to use even for people with no programming knowledge, and provides a variety of options to help you take trades to the highest step.
Coinrule was established in the year 2017 , in London by a team of crypto and blockchain enthusiasts. Its goal is to make trading in cryptocurrencies more efficient by providing an automated trading platform that is able to integrate securely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than the amount it had set for.
One of the most important aspects of Coinrule is the easy to use automated trading. The markets for cryptocurrency can be very volatile and it is often challenging for investors to stay up with constantly changing charts. Coinrule lets traders set up trading rules and then analyzes the market and then makes trades that are compatible with their plan of action. This means that traders can set their cryptocurrency trading up to run on autopilot, and not spend hours poring over charts.
Coinrule also offers integrated trading strategies that investors can choose from. There are more than 150 trading rules to pick from which makes it simple for both experienced and novice traders to find an approach that is suitable for them. Additionally, traders can pause rules at any time, and they will receive free daily emails with trading signals that can help them adjust their strategy according to the changing market.
Another wonderful feature of Coinrule is its backtesting capabilities. Traders can test out their trading rules by using historical market data in TradingView. They can choose the cryptocurrency they plan to trade and the time frame they want to use and trading strategy, and then determine how many trades that the strategy opened and closed and also its net profits, percentage of profit maximum drawdown, as well as profit factor. This is a useful instrument to increase a trader’s confidence in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader with different options for traders at all levels. Prices range from $0 to $499.99 per month. traders are able to pay monthly or annually. Annual plans provide discounts of up to percent.
In the end, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the next level. With features like automatic trading and built-in trading strategies as well as backtesting options, and support for a variety of trusted trading platforms, Coinrule is a robust tool that will aid you in making the most of any trading plan.