The world of cryptocurrency trading is quite thrilling, but it can also become time-consuming and stressful for many traders. This is the point where Coinrule comes in. Coinrule is an automated tool for trading that helps traders stick to their crypto strategy without having to constantly keep track of the market. It is easy to use even for people with no programming knowledge, and provides various options that will help you take you trading experience to highest level.
Coinrule was established in the year the year 2017 London by a group of blockchain and cryptocurrency enthusiasts. Its goal is create a system that makes trading cryptocurrencies more efficient by providing an automated platform for trading that is able to integrate securely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over the amount it had set for.
One of the key advantages of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be extremely volatile, and it can be hard for trader to keep up with the constantly changing charts. Coinrule lets traders establish trading rules and then examines the market and make trades that match their plan of action. This means that traders can put their cryptocurrency trading up to run on autopilot and not go through charts for hours.
Coinrule has integrated trading strategies that traders can choose from. There are more than 150 trading rules to pick from, making it easy for both experienced and novice 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 which can assist them in adjusting their strategy to the market.
Another excellent feature of Coinrule is its backtesting capabilities. The traders can test their trading rules by using historical market data in TradingView. They can choose the cryptocurrency they intend to trade, the desired time frame as well as the strategy for trading to determine how many trades that the strategy opened and closed and also the net profit, the percentage of profit, maximum drawdown, and the profit ratio. This is a useful method to boost confidence of traders in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges, including 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 levels, Starter, Hobbyist, Trader, and Pro, with different options for traders at all levels. Prices range from $0 and up to $499.99 per month, and traders can choose to pay each month or annually. Annual plans provide discounts of up to 25%.
Overall, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the next level. With features like automatic trading and built-in strategies for trading, backtesting opportunities, and the ability to support multiple trusted exchanges, Coinrule provides a reliable tool that will assist you in making the most out of the trading strategies you employ.