The world of cryptocurrency trading can be quite exciting However, it can become time-consuming and stressful for many traders. This is the point where Coinrule comes in. Coinrule is an automated trading tool that helps traders stick to their cryptocurrency strategy without the need to constantly keep track of the market. It’s simple to use even for those with no programming expertise, and comes with various options to take trades to the next step.
Coinrule was established in 2017 , in London by a team of blockchain and cryptocurrency enthusiasts. Its goal is to make trading in cryptocurrency less tedious by providing an automated trading platform which can be integrated safely with various 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 user-friendly automated trading. The markets for cryptocurrency can be extremely volatile, and it can be difficult for traders to keep up with ever-changing charts. Coinrule allows traders to set up trading rules and then monitors the market and makes trades that fit into their strategy. This allows traders to put their cryptocurrency trading on autopilot and not have to spend hours poring over charts.
Coinrule has integrated trading strategies that investors can pick from. There are over 150 rules to choose from that make it simple for both experienced and novice traders to discover an approach that is suitable for them. Furthermore, traders are able to pause rules at any time and they will receive free daily emails with signals for trading to help them adapt their strategies to market conditions.
Another great characteristic of Coinrule is the possibility of backtesting. Investors can test 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 the trading strategy to see how many trades were opened and closed in addition to the net profit, the percentage of profitability, maximum drawdown, and profit factor. This can be a helpful tool for increasing the trust of traders in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Pro, and Trader, with a variety of options for traders of all levels. Prices start at $0 and go up to $499.99 per month. traders have the option of paying either monthly or annually. The annual plans can offer discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the next level. With features like automated trading, built-in strategies for trading with backtesting capabilities, as well as support for a variety of trusted exchanges, Coinrule provides a reliable tool that will assist you in making the most of any trading plan.