The world of cryptocurrency trading can be very exciting However, it can become time-consuming and stressful for many traders. This is the point where Coinrule comes in. Coinrule can be described as an automatic trading tool that can help traders adhere to their cryptocurrency strategy without the need to constantly keep track of the market. It’s easy to use even for those without coding knowledge, and provides various options to help you take your trading to the highest level.
Coinrule was established in the year 2017 , in London by a group of crypto and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrency less tedious by providing an automated trading platform which can be integrated safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above the amount it had set for.
One of the most important advantages of Coinrule is its easy to use automated trading. The cryptocurrency markets can be highly volatile and it can be difficult for traders to keep track of the constantly changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that are compatible with their plan of action. This means that traders can place their cryptocurrency trading on autopilot and not have to look over charts for hours.
Coinrule provides 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. Additionally, traders can pause rules at any point, and receive daily emails with trading signals which can assist them in adjusting their strategies to market conditions.
Another great aspect of Coinrule is the possibility of backtesting. The traders can test their trading rules with historical market data by using TradingView. You can choose the currency they intend to trade as well as the timeframe they wish to trade and trading strategy to determine how many trades that were opened and closed, as well as its net profits, percentage of profit, maximum drawdown, and the profit ratio. 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 like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Pro, and Trader, with different options for traders of all levels. Prices start at $0 and go up and up to $499.99 per month, and traders have the option of paying either monthly or annually. The yearly plans offer discounts up to 25%.
In the end, 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 with backtesting capabilities, as well as support for a variety of trusted exchanges, Coinrule can be a powerful tool that can help you make the most of the trading strategies you employ.