The world of trading cryptocurrency can be quite exciting however, it can become time-consuming and stressful to many investors. This is where Coinrule is able to help. Coinrule can be described as an automatic trading tool that helps traders stick to their crypto strategy without having to constantly monitor the markets. It is easy to use even for those without coding experience, and offers various options that will boost trades to the next level.
Coinrule was established in the year 2017 London by a group of crypto and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrency less tedious by providing an automated trading platform which can be integrated safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than the amount it had set for.
One of the main advantages of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be extremely volatile, and it is often challenging for investors to stay track of the constantly changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that match their strategy. This allows traders to set their cryptocurrency trading on autopilot and not have to go through charts for hours.
Coinrule provides integrated trading strategies that investors can pick from. There are more than 150 rules available that make it simple for both novice and experienced traders to choose an approach that is suitable for them. Additionally, traders can pause rules at any time, and receive daily emails with trading signals which can assist them in adjusting their strategy according to the changing market.
Another wonderful feature of Coinrule is the possibility of backtesting. Investors can test their trading strategy by using historical market data in TradingView. They can choose the cryptocurrency they will be trading and the time frame they want to use as well as the strategy for trading, and then determine how many trades that the strategy has opened and closed, as well as profits net, percentage of profitability, maximum drawdown, and profit factor. This is a useful method to boost a trader’s confidence in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader with a variety of options for traders at all levels. Prices range from $0 to $499.99 per month, and traders can choose to pay each month or annually. The annual plans can offer discounts up to 25 percent.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the next level. With features like automatized trading, integrated strategies for trading, backtesting opportunities, and support for a variety of trusted trading platforms, Coinrule is a robust instrument that can aid you in making the most out of any trading plan.