The world of cryptocurrency trading can be very exciting, but it can also be time-consuming and overwhelming for many traders. This is the point where Coinrule comes in. Coinrule is an automated trading tool that helps traders stick to their crypto strategy without having to continuously keep track of the market. It’s simple to use even for those with no programming knowledge, and provides a variety of features that can take trades to the next step.
Coinrule was founded in 2017 in London by a group of crypto and blockchain enthusiasts. Its goal is at making trading 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) on Seedrs. This is greater than 200% over its target.
One of the key aspects of Coinrule is the user-friendly automated trading. The market for cryptocurrency is extremely volatile, and it is often challenging for investors to stay up with ever-changing charts. Coinrule allows traders to create trading rules, and then monitors the market and makes trades that are compatible with their strategy. This means that traders are able to set their cryptocurrency trading to autopilot, and not look over charts for hours.
Coinrule has integrated trading strategies that investors can pick from. There are more than 150 trading rules to pick from that make it simple for both novice and experienced traders to find an approach that is suitable for them. In addition, traders can stop rules at any time and will be sent daily emails with signals for trading to help them adapt their strategies to market conditions.
Another excellent characteristic of Coinrule is its backtesting capabilities. Traders can test out their trading strategy on historical market data using TradingView. They can select the coin they plan to trade, the desired time frame as well as the strategy for trading, and then see how many trades the strategy has opened and closed and also the net profit, the percentage of profit maximum drawdown, as well as the profit ratio. This can be a helpful tool for increasing the trust of traders in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Pro, and Trader, with different options for traders of all levels. Prices vary from $0 to $499.99 per month. traders are able to pay each month or annually. The yearly plans offer discounts up to 25%.
In the end, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest possible level. With features like automated trading, built-in strategies for trading, backtesting opportunities, and support for multiple trustworthy trading platforms, Coinrule can be a powerful tool that will assist you in making the most of the trading strategies you employ.