The world of cryptocurrency trading is quite thrilling, but it can also become time-consuming and stressful to many investors. This is where Coinrule comes in. Coinrule is an automated tool for trading that helps traders adhere to their cryptocurrency strategy without having to continuously keep track of the market. It is easy to use, even for those without coding expertise, and comes with various options that will boost trades to the highest level.
Coinrule was founded in 2017 in London by a team of crypto and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrency easier by offering an automated platform for trading that can integrate safely with various 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 user-friendly automated trading. The market for cryptocurrency is extremely volatile, and it is often difficult for traders to keep up with the ever-changing charts. Coinrule lets traders set up trading rules and then analyzes the market and then makes trades that fit into their strategy. 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 select from. There are more than 150 rules to choose from, making it easy for both novice and experienced traders to find an approach that is suitable for them. In addition, traders can stop rules at any point, and receive daily emails that contain trading signals to help them adapt their strategy according to the changing market.
Another great feature of Coinrule is the possibility of backtesting. Traders can test out their trading strategy on historical market data using TradingView. They can select the coin they plan to trade as well as the timeframe they wish to trade as well as the strategy for trading and check how many trades were opened and closed, as well as the net profit, the percentage of profitability, maximum drawdown, and profit percentage. This can be a helpful method to boost a trader’s confidence in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges like 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 that include Starter, Hobbyist Trader, and Pro, offering different options to traders of all levels. Prices range from $0 to $499.99 per month, and traders have the option of paying either monthly or annually. The yearly plans offer discounts of up to 25%.
All in all, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest level. With features such as automatized trading, integrated trading strategies as well as backtesting options, and the ability to support multiple trusted cryptocurrency exchanges Coinrule is a robust instrument that can assist you in making the most out of your trading strategy.