The world of trading in cryptocurrency is quite thrilling, but it can also become time-consuming and stressful for many traders. This is the point where Coinrule is able to help. 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 easy to use even for those without coding knowledge, and provides various options that will help you take trades to the next level.
Coinrule was established in the year 2017 in London by a group of blockchain and cryptocurrency enthusiasts. The company aims create a system that makes trading cryptocurrencies more efficient by providing an automated platform for trading that is able to integrate securely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than the amount it had set for.
One of the main 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 ever-changing charts. Coinrule lets traders set up trading rules and then monitors the market and makes trades that match their strategies. This means that traders can place their cryptocurrency trading on autopilot and not look over charts for hours.
Coinrule provides built-in trading strategies that traders can select from. There are over 150 trading rules to pick from that make it simple for both novice and experienced traders to find an approach that is suitable 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. Investors can test their trading strategies based with historical market data by using TradingView. They can select the coin they intend to trade as well as the timeframe they wish to trade, and the trading strategy and determine how many trades that were opened and closed, as well as the net profit, the percentage of profitability, maximum drawdown, and the profit ratio. This is a useful instrument to increase the trust of traders in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges, such as 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 at all levels. Prices start at $0 and go up to $499.99 per month, and traders can choose to pay monthly or annually. The yearly plans offer discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest level. With features such as automatic trading and built-in strategies for trading, backtesting opportunities, and support for a variety of trusted cryptocurrency exchanges Coinrule can be a powerful tool that will aid you in making the most of any trading plan.