The world of trading cryptocurrency is quite thrilling, but it can also become time-consuming and stressful for many traders. This is where Coinrule is able to help. Coinrule is an automated trading tool that can help traders stick to their cryptocurrency strategy without having to constantly keep track of the market. It’s simple to use, even for those without coding expertise, and comes with many options to take your trading to the next level.
Coinrule was established in the year the year 2017 London by a team of cryptocurrency and blockchain enthusiasts. Its goal is to make trading in cryptocurrencies easier by offering an automated platform for trading which can be integrated safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its goal.
One of the key aspects of Coinrule is the easy to use automated trading. The market for cryptocurrency is highly volatile and it is often difficult for traders to keep track of the ever-changing charts. Coinrule lets traders create trading rules, and then monitors the market and makes trades that are compatible with their strategies. This means that traders are able to put their cryptocurrency trading up to run on autopilot and not go through charts for hours.
Coinrule provides integrated trading strategies that traders can select from. There are more than 150 rules to choose from, making it easy for both novice and experienced traders to choose an approach that is suitable for them. Additionally, traders can pause rules at any time, and will be sent daily emails that contain trading signals to help them adapt their strategy according to the changing market.
Another wonderful aspect of Coinrule is its backtesting capabilities. Traders can test out their trading rules with historical market data by using TradingView. They can choose the cryptocurrency they intend to trade as well as the timeframe they wish to trade as well as the strategy for trading, and then determine how many trades that the strategy opened and closed in addition to profits net, percentage of profit as well as the maximum drawdown and the profit ratio. This is a useful tool for increasing the trust of traders 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 levels that include Starter, Hobbyist Trader, and Pro, with different options for traders of all levels. Prices vary from $0 and up to $499.99 per month, and traders are able to pay monthly or annually. The yearly plans offer discounts up to 25 percent.
In the end, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest level. With features like automated trading, built-in strategies for trading, backtesting opportunities, and support for a variety of trusted exchanges, Coinrule can be a powerful instrument that can aid you in making the most of any trading plan.