The world of trading in cryptocurrency is quite thrilling, but it can also become time-consuming and stressful to many investors. This is where Coinrule comes in. Coinrule is an automated trading tool that can help traders stick to their crypto strategy without having to continuously monitor the markets. It is easy to use, even for those without coding expertise, and comes with various features that can help you take trades to the next step.
Coinrule was founded in the year 2017 London by a group of crypto and blockchain enthusiasts. Its goal is to make trading in cryptocurrency easier by offering an automated platform for trading that is able to integrate securely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over its target.
One of the key aspects of Coinrule is the easy-to-use automated trading system. The cryptocurrency markets can be highly volatile and it can be hard for trader to keep track of the constantly changing charts. Coinrule lets traders establish 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 on autopilot, and not spend hours poring over charts.
Coinrule has integrated trading strategies that investors can pick from. There are over 150 rules to choose from which makes it simple for both experienced and novice traders to choose a strategy that works for them. Furthermore, traders are able to pause rules at any time, and will be sent daily emails with signals for trading to help them adapt their strategies to market conditions.
Another excellent characteristic of Coinrule is its backtesting capabilities. The traders can test their trading rules on historical market data using TradingView. They can select the coin they will be trading 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 profits net, percentage of profit, maximum drawdown, and the profit ratio. This is a useful method to boost the trust of traders in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Trader, and Pro, with different options for traders at all levels. Prices vary from $0 to $499.99 per month, and 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 user-friendly experience that will elevate your trading in cryptocurrency 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 help you make the most out of your trading strategy.