The world of trading in cryptocurrency is quite thrilling, but it can also become time-consuming and stressful in the eyes of many trader. This is where Coinrule comes in. Coinrule is an automated trading tool that can help traders adhere to their cryptocurrency strategy without having to constantly keep track of the market. It is easy to use, even for those without coding experience, and offers many features that can take your trading to the next step.
Coinrule was founded in 2017 , in London by a team of cryptocurrency and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrency less tedious by providing 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. This is more than 200% above the amount it had set for.
One of the key aspects of Coinrule is the easy to use automated trading. The markets for cryptocurrency can be very volatile and it is often hard for trader to keep up with constantly changing charts. Coinrule lets traders establish trading rules and then analyzes the market and then makes trades that fit into their plan of action. This allows traders to set their cryptocurrency trading up to run on autopilot, and not spend hours poring over charts.
Coinrule also offers integrated trading strategies that traders can pick from. There are over 150 rules available which makes it simple for both new and experienced traders to find 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 strategy to the market.
Another great characteristic of Coinrule is its backtesting opportunities. The traders can test their trading rules on historical market data using TradingView. You can choose the currency they plan to trade, the desired time frame and trading strategy and determine how many trades that were opened and closed in addition to its net profits, percentage of profit as well as the maximum drawdown and profit factor. This is a useful instrument to increase a trader’s confidence in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to integrate Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader, offering different options to traders at all levels. Prices vary from $0 through $499.99 per month. traders have the option of paying each month or annually. The yearly plans offer discounts of up to 25%.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading 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 trading platforms, Coinrule can be a powerful instrument that can aid you in making the most out of your trading strategy.