The world of cryptocurrency trading can be quite exciting, but it can also be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule is able to help. Coinrule is an automated trading tool that helps traders adhere to their cryptocurrency strategy without the need to constantly be on the lookout for market trends. It’s easy to use even for those with no programming expertise, and comes with a variety of options to help you take you trading experience to next step.
Coinrule was established in the year 2017 in London by a group of crypto and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrencies more efficient by providing an automated platform for trading 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 key advantages of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be highly volatile and it is often hard for trader to keep up with ever-changing charts. Coinrule allows traders to establish trading rules and then monitors the market and makes trades that match their strategies. This means that traders are able to put their cryptocurrency trading up to run on autopilot and not go through charts for hours.
Coinrule also offers built-in trading strategies that traders can select from. There are more than 150 rules available which makes it simple for both experienced and novice traders to choose a strategy that works for them. In addition, traders can stop rules at any time, and they will receive free daily emails with trading signals to help them adapt their strategy according to the changing market.
Another great aspect of Coinrule is its backtesting capabilities. Traders can test out their trading rules with historical market data by using TradingView. They can choose the cryptocurrency they intend to trade, the desired time frame as well as the strategy for trading to determine how many trades that the strategy opened and closed, as well as its net profits, the percentage of profitability maximum drawdown, as well as profit percentage. This can be an effective tool for increasing the trust of traders in the trading rules they create.
Coinrule is also compatible with a variety of 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 including Starter, Hobbyist Trader, and Pro, with different options for traders at all levels. Prices start at $0 and go up and up to $499.99 per month. traders are able to pay each month or annually. The yearly plans offer discounts up to 25 percent.
All in all, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the next level. With features like automatic trading and built-in trading strategies, backtesting opportunities, and the ability to support multiple trusted trading platforms, Coinrule is a robust tool that will assist you in making the most out of the trading strategies you employ.