The world of trading cryptocurrency can be very exciting, but it can also be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule comes in. Coinrule is an automated trading tool that can help traders stick to their crypto strategy without having to continuously keep track of the market. It is easy to use, even for people with no programming expertise, and comes with various options to take your trading to the next level.
Coinrule was established in 2017 , in London by a group of crypto and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrencies less tedious by providing an automated trading platform that can integrate safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above its target.
One of the key advantages of Coinrule is its easy-to-use automated trading system. 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 analyzes the market and then makes trades that fit into their strategy. This allows traders to put their cryptocurrency trading up to run on autopilot and not go through charts for hours.
Coinrule also offers built-in trading strategies that traders can select from. There are over 150 trading rules to pick from that make it simple for both new and experienced traders to choose a strategy that works for them. Furthermore, traders are able to pause rules at any time, and receive daily emails with trading signals to help them adapt their strategy according to the changing market.
Another excellent characteristic of Coinrule is its backtesting capabilities. The traders can test their trading strategies based with historical market data by using TradingView. You can choose the currency they will be trading, the desired time frame as well as the strategy for trading to see how many trades were opened and closed, as well as profits net, the percentage of profit, maximum drawdown, and profit percentage. This can be a helpful method to boost confidence of traders in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader, with a variety of options for traders of all levels. Prices start at $0 and go up to $499.99 per month. traders have the option of paying monthly or annually. Annual plans provide discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the highest level. With features such as automatic trading and built-in strategies for trading with backtesting capabilities, as well as support for multiple trustworthy exchanges, Coinrule can be a powerful tool that will aid you in making the most of your trading strategy.