The world of trading cryptocurrency can be very exciting 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 trading tool that helps traders adhere to their cryptocurrency strategy without having to continuously keep track of the market. It is easy to use, even for those without coding experience, and offers a variety of options to take you trading experience to next step.
Coinrule was established in 2017 , in London by a team of blockchain and cryptocurrency enthusiasts. Its goal is create a system that makes trading cryptocurrency more efficient by providing an automated platform for trading that can integrate safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its goal.
One of the key features of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be extremely volatile, and it can be hard for trader to keep track of the ever-changing charts. Coinrule allows traders to set up trading rules and then monitors the market and makes trades that fit into their strategy. This means that traders are able to place their cryptocurrency trading on autopilot, and not look over charts for hours.
Coinrule provides integrated trading strategies that traders can select from. There are more than 150 trading rules to pick from that make it simple for both novice and experienced traders to find an approach that is suitable for them. Furthermore, traders are able to pause rules at any time and receive daily emails with signals for trading that can help them adjust their strategies to market conditions.
Another excellent characteristic of Coinrule is its backtesting capabilities. Traders can test out their trading strategy by using historical market data in TradingView. They can choose the cryptocurrency they plan to trade, the desired time frame, and the trading strategy to check how many trades the strategy opened and closed in addition to the net profit, the percentage of profit, maximum drawdown, and profit percentage. This can be an effective method to boost a trader’s confidence in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can use Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Trader, and Pro, with different options for traders at all levels. Prices vary from $0 through $499.99 per month, and traders are able to pay monthly or annually. Annual plans provide discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the next level. With features like automatic trading and built-in trading strategies, backtesting opportunities, and support for a variety of trusted cryptocurrency exchanges Coinrule provides a reliable tool that will aid you in making the most out of any trading plan.