The world of trading in cryptocurrency can be very exciting, but it can also become time-consuming and stressful for many traders. This is where Coinrule is able to help. Coinrule is an automated tool for trading that helps traders stick to their cryptocurrency strategy without having to continuously keep track of the market. It’s simple to use even for people with no programming expertise, and comes with a variety of features that can help you take you trading experience to next level.
Coinrule was established in 2017 in London by a group of crypto and blockchain enthusiasts. The company aims at making trading cryptocurrency easier by offering an automated trading platform which can be integrated safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above its goal.
One of the key aspects of Coinrule is the easy to use automated trading. The markets for cryptocurrency can be highly volatile and it is often hard for trader to keep track of the ever-changing charts. Coinrule lets traders set up trading rules and then examines the market and make trades that are compatible with their strategy. This allows traders to set their cryptocurrency trading up to run on autopilot and not go through charts for hours.
Coinrule has built-in trading strategies that traders can pick from. There are more than 150 rules to choose from that make it simple for both novice and experienced traders to choose the best strategy for them. Furthermore, traders are able to pause rules at any time and will be sent daily emails with signals for trading which can assist them in adjusting their strategy to the market.
Another great feature of Coinrule is the possibility of backtesting. Traders can test out their trading rules on historical market data using TradingView. You can choose the currency they plan to trade, the desired time frame and trading strategy to see how many trades were opened and closed and also its net profits, the percentage of profitability, maximum drawdown, and profit percentage. This can be an effective instrument to increase confidence of traders 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 integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Trader, and Pro, with a variety of options for traders at all levels. Prices range from $0 through $499.99 per month, and traders can choose to pay each month or annually. The annual plans can offer discounts of up to%.
In the end, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest possible level. With features like automatized trading, integrated trading strategies as well as backtesting options, and support for a variety of trusted cryptocurrency exchanges Coinrule can be a powerful tool that will aid you in making the most out of your trading strategy.