The world of trading cryptocurrency can be very exciting however, it can become time-consuming and stressful in the eyes of many trader. This is the point 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 continuously keep track of the market. It’s simple to use, even for people with no programming experience, and offers a variety of options that will help you take you trading experience to highest level.
Coinrule was established in 2017 , in London by a team of crypto and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrencies more efficient by providing an automated platform for trading which can be integrated safely with several 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 key aspects of Coinrule is the easy-to-use automated trading system. The cryptocurrency markets can be highly volatile and it can be challenging for investors to stay up with ever-changing charts. Coinrule lets traders set up trading rules and then analyzes the market and then makes trades that fit into their plan of action. This means that traders can put their cryptocurrency trading up to run on autopilot and not have to spend hours poring over charts.
Coinrule has integrated trading strategies that traders can choose from. There are over 150 rules to choose from, making it easy for both novice and experienced traders to find an approach that is suitable for them. Additionally, traders can pause rules at any time and they will receive free daily emails with trading signals which can assist them in adjusting their strategy to the market.
Another excellent characteristic of Coinrule is the possibility of backtesting. Investors can test their trading rules by using historical market data in TradingView. You can choose the currency they will be trading, the desired time frame and trading strategy to see how many trades the strategy has opened and closed and also its net profits, the percentage of profit maximum drawdown, as well as the profit ratio. This can be an effective tool for increasing confidence of traders in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to use Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Trader, and Pro, with a variety of options for traders of all levels. Prices start at $0 and go up and up to $499.99 per month, and traders can choose to pay each month or annually. The yearly plans offer discounts of up to 25%.
Overall, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest possible level. With features like automated trading, built-in strategies for trading, backtesting opportunities, and the ability to support multiple trusted trading platforms, Coinrule provides a reliable tool that will aid you in making the most of the trading strategies you employ.