The world of trading in cryptocurrency can be quite exciting, 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 stick to their cryptocurrency strategy without having to constantly keep track of the market. It’s simple to use, even for those with no programming experience, and offers various options that will take trades to the next step.
Coinrule was founded in 2017 , in London by a group of cryptocurrency and blockchain enthusiasts. Its goal is at making trading cryptocurrencies more efficient 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. This is over 200% more than its target.
One of the most important advantages of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is extremely volatile, and it can be difficult for traders to keep up with constantly changing charts. Coinrule lets traders establish trading rules and then analyzes the market and then makes trades that are compatible with their strategies. This means that traders can set their cryptocurrency trading up to run on autopilot and not have to spend hours poring over charts.
Coinrule also offers integrated trading strategies that investors can select from. There are more than 150 trading rules to pick from which makes it simple for both new and experienced traders to choose a strategy that works 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 strategy to the market.
Another excellent aspect of Coinrule is its backtesting capabilities. Traders can test out their trading rules by using historical market data in TradingView. You can choose the currency they plan to trade as well as the timeframe they wish to trade, and the trading strategy, and then check how many trades were opened and closed in addition to the net profit, percentage of profitability maximum drawdown, as well as the profit ratio. This can be an effective method to boost the trust of traders in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges, such as 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 tiers including Starter, Hobbyist Pro, and Trader with different options for traders at all levels. Prices range from $0 and up to $499.99 per month, and traders have the option of paying monthly or annually. The yearly plans offer discounts of up to percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the next level. With features like automatic trading and built-in strategies for trading, backtesting opportunities, and support for a variety of trusted exchanges, Coinrule provides a reliable instrument that can assist you in making the most of the trading strategies you employ.