The world of cryptocurrency trading can be very exciting, but it can also become time-consuming and stressful to many investors. This is the point where Coinrule comes in. Coinrule can be described as an automatic trading tool that helps traders stick to their crypto strategy without the need to constantly keep track of the market. It’s easy to use, even for those without coding knowledge, and provides many options to help you take you trading experience to highest level.
Coinrule was established in the year 2017 in London by a group of crypto and blockchain enthusiasts. The company aims at making trading cryptocurrencies less tedious by providing an automated platform for trading that is able to integrate securely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than the amount it had set for.
One of the key aspects of Coinrule is the user-friendly automated trading. The markets for cryptocurrency can be very volatile and it can be difficult for traders to keep track of the constantly changing charts. Coinrule lets traders set up trading rules and then monitors the market and makes trades that are compatible with their strategy. This means that traders are able to place their cryptocurrency trading to autopilot and not look over charts for hours.
Coinrule has integrated trading strategies that investors can pick from. There are over 150 rules to choose from, making it easy for both new and experienced traders to discover an approach that is suitable for them. Furthermore, traders are able to pause rules at any time, and receive daily emails that contain trading signals that can help them adjust their strategy to the market.
Another excellent feature of Coinrule is its backtesting capabilities. Investors can test their trading rules with historical market data by using TradingView. They can choose the cryptocurrency they plan to trade, the desired time frame, and the trading strategy to see how many trades the strategy has opened and closed and also the net profit, the percentage of profitability maximum drawdown, as well as profit factor. This can be a helpful method to boost the trust 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. So, traders are able to connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader, with a variety of options for traders of all levels. Prices vary from $0 through $499.99 per month, and traders have the option of paying either monthly or annually. The yearly plans offer discounts of up to 25 percent.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the next level. With features such as automatized trading, integrated strategies for trading with backtesting capabilities, as well as the ability to support multiple trusted cryptocurrency exchanges Coinrule provides a reliable tool that will assist you in making the most of the trading strategies you employ.