The world of trading cryptocurrency can be quite exciting however, it can become time-consuming and stressful for many traders. This is where Coinrule comes in. Coinrule can be described as an automatic trading tool that can help traders stick to their cryptocurrency strategy without having to constantly monitor the markets. It’s easy to use, even for those without coding knowledge, and provides a variety of options to help you take your trading to the next level.
Coinrule was established in the year 2017 in London by a group of blockchain and cryptocurrency enthusiasts. Its goal is create a system that makes trading cryptocurrencies less tedious by providing an automated trading platform that is able to integrate securely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its target.
One of the key advantages of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be extremely volatile, and it can be challenging for investors to stay up with constantly changing charts. Coinrule allows traders to set up trading rules and then analyzes the market and then makes trades that fit into their strategy. This means that traders are able to set their cryptocurrency trading up to run on autopilot and not spend hours poring over charts.
Coinrule provides integrated trading strategies that traders can choose from. There are more than 150 trading rules to pick from which makes it simple for both new and experienced traders to choose the best strategy for them. Additionally, traders can pause rules at any time and receive daily emails with signals for trading which can assist them in adjusting their strategy to the market.
Another wonderful characteristic of Coinrule is the possibility of backtesting. Investors can test their trading rules on historical market data using TradingView. You can choose the currency they plan to trade and the time frame they want to use as well as the strategy for trading to determine how many trades that the strategy opened and closed in addition to the net profit, percentage of profit, maximum drawdown, and profit percentage. This can be a helpful method to boost confidence of traders in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges, including 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 levels including Starter, Hobbyist Trader, and Pro, offering different options to traders of all levels. Prices vary from $0 and up to $499.99 per month, and traders have the option of paying either monthly or annually. The yearly plans offer discounts up to 25 percent.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest level. With features such as automatized trading, integrated strategies for trading, backtesting opportunities, and support for multiple trustworthy cryptocurrency exchanges Coinrule provides a reliable tool that will assist you in making the most of the trading strategies you employ.