The world of trading in cryptocurrency is quite thrilling However, it can be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule is able to help. Coinrule is an automated tool for trading that helps traders stick to their cryptocurrency strategy without having to constantly monitor the markets. It’s easy to use, even for those with no programming expertise, and comes with a variety of features that can boost trades to the highest level.
Coinrule was founded in the year 2017 London by a group of crypto and blockchain enthusiasts. The company aims at making trading cryptocurrency more efficient by providing an automated trading platform that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above its target.
One of the most important features of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be extremely volatile, and it is often challenging for investors to stay up with the constantly changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that match their strategy. This means that traders can place their cryptocurrency trading to autopilot and not go through charts for hours.
Coinrule provides integrated trading strategies that traders can pick from. There are over 150 rules available which makes it simple for both experienced and novice traders to discover the best strategy for them. In addition, traders can stop rules at any time, and they will receive free daily emails with trading signals to help them adapt their strategies to market conditions.
Another great aspect of Coinrule is its backtesting capabilities. The traders can test their trading strategies based on historical market data using TradingView. You can choose the currency they plan to trade and the time frame they want to use, and the trading strategy to see how many trades were opened and closed in addition to its net profits, percentage of profitability as well as the maximum drawdown and the profit ratio. This can be a helpful instrument to increase confidence of traders in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges, including 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, Starter, Hobbyist, Trader, and Pro, offering different options to traders of all levels. Prices start at $0 and go up and up to $499.99 per month, and traders are able to pay each month or annually. The yearly plans offer discounts of up to 25 percent.
Overall, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the next level. With features like automated trading, built-in trading strategies with backtesting capabilities, as well as support for a variety of trusted trading platforms, Coinrule provides a reliable instrument that can assist you in making the most of any trading plan.