The world of trading cryptocurrency can be very exciting however, it can be time-consuming and overwhelming for many traders. This is the point where Coinrule comes in. Coinrule is an automated trading tool that helps traders stick to their crypto strategy without the need to constantly keep track of the market. It’s simple to use, even for those without coding expertise, and comes with many options that will boost trades to the next level.
Coinrule was founded in the year 2017 London by a team of blockchain and cryptocurrency enthusiasts. The company aims create a system that makes trading cryptocurrency easier by offering an automated trading platform that can integrate safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its target.
One of the main advantages of Coinrule is its easy to use automated trading. The market for cryptocurrency is very volatile and it can be difficult for traders to keep up with constantly changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that match their plan of action. This means that traders can put their cryptocurrency trading to autopilot, and not look over charts for hours.
Coinrule provides built-in trading strategies that traders can choose from. There are more than 150 rules available, making it easy for both new and experienced traders to find the best strategy for them. Additionally, traders can pause rules at any time, and receive daily emails with signals for trading to help them adapt their strategy to the market.
Another great aspect of Coinrule is the possibility of backtesting. Investors can test their trading rules by using historical market data in TradingView. They can select the coin they will be trading and the time frame they want to use and trading strategy, and then see how many trades the strategy opened and closed in addition to profits net, percentage of profitability, maximum drawdown, and the profit ratio. This can be a helpful instrument to increase confidence of traders in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can 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 range from $0 to $499.99 per month. traders are able to pay either monthly or annually. The annual plans can offer discounts up to 25%.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the highest possible level. With features such as automated trading, built-in trading strategies as well as backtesting options, and support for a variety of trusted trading platforms, Coinrule is a robust tool that will aid you in making the most out of any trading plan.