The world of trading in cryptocurrency is quite thrilling 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 can help traders adhere to their cryptocurrency strategy without having to continuously keep track of the market. It is easy to use, even for those without coding expertise, and comes with many options to boost you trading experience to highest step.
Coinrule was established in 2017 in London by a team of blockchain and cryptocurrency enthusiasts. The company aims to make trading in cryptocurrency more efficient 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, more than 200% above the amount it had set for.
One of the key aspects of Coinrule is the user-friendly automated trading. The cryptocurrency markets can be extremely volatile, and it can be difficult for traders to keep up with the constantly changing charts. Coinrule allows traders to establish trading rules and then analyzes the market and then makes trades that match their strategy. This allows traders to place their cryptocurrency trading to autopilot and not have to spend hours poring over charts.
Coinrule also offers integrated trading strategies that traders can choose from. There are more than 150 rules available which makes it simple for both new and experienced traders to choose an approach that is suitable for them. Furthermore, traders are able to pause rules at any time and receive daily emails with signals for trading to help them adapt their strategy according to the changing market.
Another excellent feature of Coinrule is its backtesting opportunities. Traders can test out their trading rules on historical market data using TradingView. They can choose the cryptocurrency they will be trading as well as the timeframe they wish to trade and trading strategy and check how many trades the strategy opened and closed in addition to its net profits, the percentage of profitability as well as the maximum drawdown and profit percentage. This is a useful instrument to increase a trader’s confidence in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can use Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Trader, and Pro, with a variety of options for traders at all levels. Prices vary from $0 to $499.99 per month. traders are able to pay either monthly or annually. The annual plans can offer discounts up to 25 percent.
Overall, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the highest level. With features like automatic trading and built-in strategies for trading with backtesting capabilities, as well as the ability to support multiple trusted exchanges, Coinrule is a robust tool that will help you make the most out of the trading strategies you employ.