The world of trading in cryptocurrency is quite thrilling, but it can also become time-consuming and stressful for many traders. This is the point where Coinrule is able to help. Coinrule is an automated trading tool that can help traders adhere to their cryptocurrency strategy without having to constantly monitor the markets. It’s easy to use even for those without coding experience, and offers many options to take your trading to the next step.
Coinrule was established in 2017 in London by a team of cryptocurrency and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrencies 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) through Seedrs, over 200% more than its target.
One of the key features of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be very volatile and it is often hard for trader to keep track of the constantly changing charts. Coinrule lets traders create trading rules, and then analyzes the market and then makes trades that are compatible with their plan of action. This means that traders can set their cryptocurrency trading to autopilot and not go through charts for hours.
Coinrule has integrated trading strategies that investors can pick from. There are over 150 trading rules to pick from that make 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 will be sent daily emails that contain trading signals to help them adapt their strategies to market conditions.
Another great feature of Coinrule is the possibility of backtesting. 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 see how many trades the strategy opened and closed, as well as the net profit, the percentage of profit, maximum drawdown, and the profit ratio. This is a useful method to boost confidence of traders in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader, offering different options to traders of all levels. Prices range from $0 to $499.99 per month, and traders are able to pay each month or annually. Annual plans provide discounts of up to%.
All in all, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the next level. With features like automatized trading, integrated trading strategies as well as backtesting options, and support for multiple trustworthy trading platforms, Coinrule provides a reliable tool that will help you make the most out of any trading plan.