The world of trading in cryptocurrency can be quite exciting however, it can be time-consuming and overwhelming for many traders. This is where Coinrule comes in. Coinrule is an automated tool for trading that helps traders stick to their crypto strategy without having to constantly keep track of the market. It is easy to use even for those with no programming experience, and offers a variety of features that can take trades to the highest step.
Coinrule was established in the year the year 2017 London by a group of blockchain and cryptocurrency enthusiasts. Its goal is to make trading in cryptocurrency easier by offering an automated platform for trading that can integrate safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than the amount it had set for.
One of the main advantages of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be highly volatile and it is often difficult for traders to keep up with constantly changing charts. Coinrule lets traders set up trading rules and then monitors the market and makes trades that fit into their plan of action. This allows traders to put their cryptocurrency trading to autopilot and not have to look over charts for hours.
Coinrule has integrated trading strategies that traders can choose from. There are more than 150 trading rules to pick from which makes it simple for both new and experienced traders to discover the best strategy for them. Additionally, traders can pause rules at any time and they will receive free daily emails that contain trading signals which can assist them in adjusting their strategy to the market.
Another excellent feature of Coinrule is its backtesting opportunities. The traders can test their trading rules by using historical market data in TradingView. You can choose the currency they will be trading and the time frame they want to use and trading strategy to determine how many trades that the strategy opened and closed in addition to profits net, the percentage of profitability maximum drawdown, as well as profit factor. This is a useful method to boost the trust of traders 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 connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader offering different options to traders at all levels. Prices start at $0 and go up through $499.99 per month, and traders are able to pay each month or annually. Annual plans provide discounts up to 25 percent.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the next level. With features like automatized trading, integrated strategies for trading with backtesting capabilities, as well as the ability to support multiple trusted exchanges, Coinrule provides a reliable tool that will help you make the most of any trading plan.