The world of trading in cryptocurrency can be very exciting however, it can be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule comes in. Coinrule is an automated trading tool that helps traders stick to their crypto strategy without the need to constantly be on the lookout for market trends. It’s easy to use even for those without coding experience, and offers various options to boost your trading to the next level.
Coinrule was founded in the year 2017 London by a team of crypto and blockchain enthusiasts. The company aims to make trading in cryptocurrency less tedious by providing an automated trading platform that is able to integrate securely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above the amount it had set for.
One of the most important features of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be very volatile and it is often difficult for traders to keep track of the ever-changing charts. Coinrule lets traders establish trading rules and then analyzes the market and then makes trades that are compatible with their strategy. This means that traders can put their cryptocurrency trading to autopilot and not have to go through charts for hours.
Coinrule provides integrated trading strategies that investors can pick from. There are more than 150 trading rules to pick from, making it easy 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 will be sent daily emails with trading signals to help them adapt their strategies to market conditions.
Another excellent aspect of Coinrule is its backtesting opportunities. Traders can test out their trading strategy on historical market data using TradingView. You can choose the currency they plan to trade as well as the timeframe they wish to trade as well as the strategy for trading to check how many trades the strategy has opened and closed, as well as its net profits, the percentage of profitability, maximum drawdown, and profit percentage. This can be an effective instrument to increase a trader’s confidence in the trading rules they design.
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 use Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader with different options for traders at all levels. Prices vary from $0 through $499.99 per month. traders can choose to pay either monthly or annually. Annual plans provide discounts of up to%.
All in all, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest possible level. With features such as automatic trading and built-in trading strategies with backtesting capabilities, as well as support for a variety of trusted cryptocurrency exchanges Coinrule can be a powerful instrument that can assist you in making the most out of the trading strategies you employ.