The world of trading cryptocurrency can be quite exciting, but it can also become time-consuming and stressful for many traders. This is where Coinrule comes in. Coinrule is an automated tool for trading 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 experience, and offers various features that can take you trading experience to next step.
Coinrule was established in the year 2017 London by a team of blockchain and cryptocurrency enthusiasts. Its goal is to make trading in cryptocurrency more efficient by providing an automated platform for trading that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its goal.
One of the most important advantages of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be extremely volatile, and it is often challenging for investors to stay track of the ever-changing charts. Coinrule allows traders to set up trading rules and then analyzes the market and then makes trades that match their strategies. This allows traders to place their cryptocurrency trading on autopilot and not look over charts for hours.
Coinrule also offers integrated trading strategies that investors can pick from. There are more than 150 rules to choose from that make it simple for both experienced and novice traders to find 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 excellent feature of Coinrule is its backtesting capabilities. Investors can test their trading strategy by using historical market data in TradingView. They can choose the cryptocurrency they plan to trade as well as the timeframe they wish to trade, and the trading strategy and determine how many trades that the strategy has opened and closed in addition to profits net, percentage of profitability, maximum drawdown, and the profit ratio. This can be a helpful instrument to increase confidence 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 any of these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Pro, and Trader offering different options to traders at all levels. Prices vary from $0 through $499.99 per month. traders can choose to pay monthly or annually. The yearly plans offer discounts of up to 25 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 such as automated trading, built-in strategies for trading with backtesting capabilities, as well as support for a variety of trusted trading platforms, Coinrule provides a reliable tool that can assist you in making the most of the trading strategies you employ.