The world of trading in cryptocurrency can be very exciting, but it can also be time-consuming and overwhelming to many investors. This is the point where Coinrule is able to help. Coinrule is an automated trading tool that helps traders stick to their crypto strategy without having to continuously monitor the markets. It’s simple to use even for people with no programming expertise, and comes with various features that can help you take you trading experience to next level.
Coinrule was established in 2017 , in London by a team of cryptocurrency and blockchain enthusiasts. Its goal is to make trading in cryptocurrencies less tedious by providing an automated platform for trading that can integrate safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above its goal.
One of the most important features of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be extremely volatile, and it can be challenging for investors to stay up with constantly changing charts. Coinrule allows traders to establish trading rules and then monitors the market and makes trades that are compatible with their strategies. This means that traders are able to place their cryptocurrency trading up to run on autopilot and not go through charts for hours.
Coinrule has built-in trading strategies that traders can choose from. There are more than 150 rules to choose from which makes it simple for both experienced and novice traders to find a strategy that works for them. In addition, traders can stop rules at any point, and they will receive free daily emails that contain trading signals that can help them adjust their strategy according to the changing market.
Another great feature of Coinrule is its backtesting opportunities. Investors can test their trading rules with historical market data by using TradingView. You can choose the currency they plan to trade, the desired time frame as well as the strategy for trading, and then check how many trades the strategy opened and closed in addition to the net profit, the percentage of profit maximum drawdown, as well as profit percentage. This is a useful method to boost a trader’s confidence in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader, offering different options to traders at all levels. Prices start at $0 and go up to $499.99 per month. traders are able to pay each month or annually. Annual plans provide discounts up to 25%.
In the end, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the next level. With features such as automated trading, built-in strategies for trading, backtesting opportunities, and support for multiple trustworthy exchanges, Coinrule can be a powerful tool that can help you make the most out of any trading plan.