The world of trading in cryptocurrency can be very exciting however, it can become time-consuming and stressful for many traders. This is where Coinrule is able to help. Coinrule is an automated tool for trading that helps traders stick to their cryptocurrency strategy without the need to constantly be on the lookout for market trends. It is easy to use even for people with no programming knowledge, and provides a variety of options that will help you take your trading to the highest step.
Coinrule was established in 2017 , in London by a group of crypto and blockchain enthusiasts. Its goal is to make trading in cryptocurrency less tedious by providing an automated trading platform which can be integrated safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its target.
One of the main features of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be very volatile and it can be challenging for investors to stay up with the constantly changing charts. Coinrule allows traders to establish trading rules and then analyzes the market and then makes trades that are compatible with their strategies. This allows traders to put their cryptocurrency trading to autopilot and not look over charts for hours.
Coinrule also offers built-in trading strategies that traders can pick from. There are over 150 rules available which makes it simple for both novice and experienced traders to discover an approach that is suitable for them. Furthermore, traders are able to pause rules at any point, and they will receive free daily emails with trading signals which can assist them in adjusting their strategy according to the changing market.
Another excellent characteristic of Coinrule is its backtesting opportunities. The traders can test their trading strategies based with historical market data by using TradingView. They can choose the cryptocurrency they will be trading, the desired time frame, and the trading strategy and check how many trades the strategy has opened and closed, as well as the net profit, percentage of profit, maximum drawdown, and the profit ratio. This can be a helpful method to boost a trader’s confidence 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. This means that traders can integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Pro, and Trader, with a variety of options for traders of all levels. Prices range from $0 and up to $499.99 per month, and traders can choose to pay each month or annually. Annual plans provide discounts up to 25 percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest possible level. With features like automated trading, built-in strategies for trading, backtesting opportunities, and support for a variety of trusted cryptocurrency exchanges Coinrule is a robust tool that can assist you in making the most of your trading strategy.