The world of trading in cryptocurrency is quite thrilling, but it can also be time-consuming and overwhelming for many traders. This is where Coinrule is able to help. Coinrule is an automated trading tool that helps traders stick to their crypto strategy without the need to constantly keep track of the market. It’s simple to use even for those without coding expertise, and comes with many options to take trades to the highest level.
Coinrule was founded in 2017 in London by a group of blockchain and cryptocurrency enthusiasts. Its goal is to make trading in cryptocurrency easier by offering an automated trading platform that can integrate safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above its goal.
One of the main aspects of Coinrule is the easy to use automated trading. The markets for cryptocurrency can be very volatile and it is often challenging for investors to stay up with the ever-changing charts. Coinrule lets traders set up trading rules and then analyzes the market and then makes trades that are compatible with their plan of action. This allows traders to set their cryptocurrency trading up to run on autopilot, and not look over charts for hours.
Coinrule also offers built-in trading strategies that traders can select from. There are more than 150 rules to choose from which makes it simple for both novice and experienced traders to find the best strategy for them. Additionally, traders can pause rules at any point, and they will receive free daily emails that contain trading signals which can assist them in adjusting their strategy to the market.
Another great feature of Coinrule is the possibility of backtesting. Investors can test their trading strategy by using historical market data in TradingView. You can choose the currency they will be trading as well as the timeframe they wish to trade and trading strategy to check how many trades the strategy has opened and closed in addition to profits net, percentage of profit as well as the maximum drawdown and the profit ratio. This can be an effective instrument to increase the trust of traders in their trading strategies they develop.
Coinrule is also compatible with a variety of reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader with different options for traders at all levels. Prices vary from $0 and up to $499.99 per month, and traders are able to pay either monthly or annually. Annual plans provide discounts of up to 25 percent.
Overall, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest level. With features like automatic trading and built-in trading strategies, backtesting opportunities, and support for a variety of trusted trading platforms, Coinrule is a robust instrument that can help you make the most of any trading plan.