The world of trading in cryptocurrency is quite thrilling however, it can 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 can help traders stick to their crypto strategy without having to continuously keep track of the market. It’s easy to use even for people with no programming knowledge, and provides various options to boost trades to the next step.
Coinrule was established in 2017 in London by a team of blockchain and cryptocurrency enthusiasts. The company’s mission is to make trading in cryptocurrencies easier by offering an automated platform for trading that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its target.
One of the most important advantages of Coinrule is its easy to use 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 examines the market and make trades that are compatible with their plan of action. This means that traders can set their cryptocurrency trading on autopilot and not have to spend hours poring over charts.
Coinrule provides built-in trading strategies that traders can select from. There are more than 150 trading rules to pick from, making it easy for both novice and experienced traders to discover an approach that is suitable for them. Additionally, traders can pause rules at any time, and receive daily emails with signals for trading which can assist them in adjusting their strategy according to the changing market.
Another great feature of Coinrule is its backtesting opportunities. The traders can test their trading rules with historical market data by using TradingView. You can choose the currency they will be trading as well as the timeframe they wish to trade and trading strategy, and then check how many trades were opened and closed in addition to the net profit, percentage of profitability, maximum drawdown, and profit factor. This can be an effective instrument to increase confidence of traders in the trading rules they create.
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 including Starter, Hobbyist Pro, and Trader with different options for traders of all levels. Prices vary from $0 through $499.99 per month. traders can choose to pay monthly or annually. The annual plans can offer discounts of up to percent.
In the end, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the next level. With features like automated trading, built-in trading strategies with backtesting capabilities, as well as support for multiple trustworthy trading platforms, Coinrule can be a powerful tool that will assist you in making the most of your trading strategy.