The world of trading cryptocurrency can be quite exciting however, it can become time-consuming and stressful to many investors. This is where Coinrule comes in. Coinrule is an automated trading tool that helps traders stick to their cryptocurrency strategy without having to constantly keep track of the market. It’s simple to use even for those with no programming experience, and offers various features that can take trades to the next step.
Coinrule was founded in 2017 , in London by a team of cryptocurrency and blockchain enthusiasts. Its goal is at making trading cryptocurrency more efficient by providing an automated platform for trading which can be integrated safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over its goal.
One of the key features of Coinrule is its easy to use automated trading. The cryptocurrency markets can be extremely volatile, and it can be difficult for traders to keep up with constantly changing charts. Coinrule allows traders to set up trading rules and then analyzes the market and then makes trades that match their plan of action. This means that traders can set their cryptocurrency trading up to run on autopilot and not go through charts for hours.
Coinrule also offers integrated trading strategies that traders can pick from. There are more than 150 rules available that make it simple for both experienced and novice traders to discover the best strategy for them. In addition, traders can stop rules at any point, and receive daily emails that contain trading signals to help them adapt their strategies to market conditions.
Another excellent aspect of Coinrule is the possibility of backtesting. Traders can test out their trading rules by using historical market data in TradingView. They can choose the cryptocurrency they will be trading as well as the timeframe they wish to trade, and the trading strategy, and then see how many trades the strategy has opened and closed and also its net profits, the percentage of profit maximum drawdown, as well as profit percentage. This can be a helpful method to boost a trader’s confidence in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Trader, and Pro, with a variety of options for traders of all levels. Prices start at $0 and go up through $499.99 per month, and traders have the option of paying each month or annually. The annual plans can offer discounts of up to percent.
Overall, 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 trading strategies as well as backtesting options, and support for multiple trustworthy cryptocurrency exchanges Coinrule provides a reliable tool that can help you make the most out of any trading plan.