The world of trading cryptocurrency is quite thrilling, but it can also become time-consuming and stressful in the eyes of many trader. This is where Coinrule comes in. Coinrule is an automated trading tool that can help traders stick to their crypto strategy without having to constantly monitor the markets. It’s simple to use, even for those without coding expertise, and comes with many options that will take your trading to the next level.
Coinrule was established in the year 2017 London by a group of cryptocurrency and blockchain enthusiasts. Its goal is to make trading in cryptocurrency less tedious by providing an automated platform for trading that can integrate safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over the amount it had set for.
One of the main features of Coinrule is its user-friendly automated trading. The market for cryptocurrency is highly volatile and it can be difficult for traders to keep up with the ever-changing charts. Coinrule allows traders to set up trading rules and then monitors the market and makes trades that match their plan of action. This means that traders can place their cryptocurrency trading on autopilot and not go through charts for hours.
Coinrule provides integrated trading strategies that traders can pick from. There are more than 150 rules to choose from, making it easy for both novice and experienced traders to choose an approach that is suitable for them. Additionally, traders can pause rules at any time and they will receive free daily emails with trading signals to help them adapt their strategy to the market.
Another great feature of Coinrule is its backtesting capabilities. The traders 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 as well as the strategy for trading to see how many trades the strategy has opened and closed, as well as its net profits, the percentage of profit as well as the maximum drawdown and profit factor. This can be a helpful instrument to increase the trust of traders in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges, including 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 including Starter, Hobbyist Pro, and Trader, with different options for traders at all levels. Prices vary from $0 through $499.99 per month. traders have the option of paying monthly or annually. The yearly plans offer discounts of up to percent.
Overall, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the next level. With features like automatic trading and built-in trading strategies, backtesting opportunities, and support for multiple trustworthy cryptocurrency exchanges Coinrule can be a powerful tool that can help you make the most out of the trading strategies you employ.