The world of trading cryptocurrency can be quite exciting, but it can also be time-consuming and overwhelming in the eyes of many trader. 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 be on the lookout for market trends. It’s simple to use, even for those without coding knowledge, and provides a variety of features that can boost your trading to the highest level.
Coinrule was founded in the year 2017 London by a team of cryptocurrency and blockchain enthusiasts. The company aims to make trading in cryptocurrency less tedious by providing an automated platform for trading that is able to integrate securely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over its goal.
One of the key advantages of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be very volatile and it is often hard for trader to keep up with the constantly changing charts. Coinrule allows traders to set up trading rules and then examines the market and make trades that are compatible with their strategies. This means that traders are able to put their cryptocurrency trading up to run on autopilot and not have to go through charts for hours.
Coinrule also offers integrated trading strategies that investors can pick from. There are more than 150 trading rules to pick from that make it simple for both experienced and novice traders to find a strategy that works for them. Furthermore, traders are able to pause rules at any time, and receive daily emails with trading signals which can assist them in adjusting their strategies to market conditions.
Another wonderful feature of Coinrule is its backtesting capabilities. Traders can test out their trading strategies based by using historical market data in TradingView. You can choose the currency they plan to trade and the time frame they want to use, and the trading strategy to see how many trades the strategy opened and closed, as well as the net profit, the percentage of profit as well as the maximum drawdown and the profit ratio. This can be a helpful tool for increasing a trader’s confidence in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader, offering different options to traders of all levels. Prices start at $0 and go up through $499.99 per month. traders are able to pay either monthly or annually. The yearly plans offer discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the next level. With features such as automatized trading, integrated strategies for trading, backtesting opportunities, and support for multiple trustworthy cryptocurrency exchanges Coinrule is a robust instrument that can help you make the most of the trading strategies you employ.