The world of cryptocurrency trading can be very exciting, but it can also become time-consuming and stressful in the eyes of many trader. This is where Coinrule comes in. Coinrule is an automated trading tool that helps traders adhere to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It is easy to use even for those with no programming knowledge, and provides a variety of options that will take you trading experience to next step.
Coinrule was established in the year 2017 , in London by a team of crypto and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrency easier by offering an automated platform for trading that is able to integrate securely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above the amount it had set for.
One of the main aspects of Coinrule is the easy to use automated trading. The market for cryptocurrency is extremely volatile, and it can be difficult for traders to keep up with constantly changing charts. Coinrule lets traders create trading rules, and then analyzes the market and then makes trades that match their strategy. This means that traders are able to put their cryptocurrency trading to autopilot and not have to look over charts for hours.
Coinrule provides integrated trading strategies that traders can select from. There are over 150 rules available, making it easy for both experienced and novice traders to choose an approach that is suitable for them. In addition, traders can stop rules at any time, and receive daily emails that contain trading signals that can help them adjust their strategy according to the changing market.
Another excellent characteristic 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 and the time frame they want to use, and the trading strategy, and then check how many trades the strategy has opened and closed, as well as the net profit, percentage of profitability, maximum drawdown, and profit percentage. This can be a helpful tool for increasing confidence of traders in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Pro, and Trader with different options for traders of all levels. Prices range from $0 and up to $499.99 per month. traders are able to pay each month or annually. The annual plans can offer discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the highest level. With features such as automated trading, built-in strategies for trading as well as backtesting options, and support for a variety of trusted trading platforms, Coinrule can be a powerful instrument that can help you make the most of any trading plan.