The world of cryptocurrency trading is quite thrilling however, it can be time-consuming and overwhelming to many investors. 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 those without coding knowledge, and provides many options to help you take you trading experience to highest step.
Coinrule was established in 2017 in London by a group of blockchain and cryptocurrency enthusiasts. The company aims at making trading cryptocurrency less tedious by providing an automated platform for trading that is able to integrate securely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above its goal.
One of the main advantages of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be very volatile and it can be challenging for investors to stay up with the constantly changing charts. Coinrule lets traders create trading rules, and then analyzes the market and then makes trades that fit into their plan of action. This means that traders are able to place their cryptocurrency trading up to run on autopilot and not spend hours poring over charts.
Coinrule provides integrated trading strategies that traders can select from. There are over 150 trading rules to pick from, making it easy for both new and experienced traders to find the best strategy for them. Furthermore, traders are able to pause rules at any point, and receive daily emails with signals for trading that can help them adjust their strategy according to the changing market.
Another wonderful feature of Coinrule is its backtesting capabilities. Investors can test their trading strategies based with historical market data by using TradingView. You can choose the currency they intend to trade as well as the timeframe they wish to trade, and the trading strategy to check how many trades the strategy has opened and closed and also its net profits, the percentage of profitability as well as the maximum drawdown and profit factor. This is a useful instrument to increase a trader’s confidence in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges like 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 that include Starter, Hobbyist Trader, and Pro, with a variety of options for traders of all levels. Prices start at $0 and go up through $499.99 per month, and traders are able to pay either monthly or annually. The annual plans can offer discounts up to 25 percent.
All in all, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the next level. With features such as automatized trading, integrated strategies for trading, backtesting opportunities, and support for multiple trustworthy exchanges, Coinrule provides a reliable instrument that can help you make the most of the trading strategies you employ.