The world of trading in cryptocurrency can be very exciting, but it can also become time-consuming and stressful for many traders. This is where Coinrule comes in. Coinrule is an automated trading tool that helps traders stick to their cryptocurrency strategy without the need to constantly keep track of the market. It’s easy to use even for those without coding knowledge, and provides various features that can help you take you trading experience to next step.
Coinrule was founded in 2017 , in London by a group of crypto and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrency more efficient by providing an automated trading platform which can be integrated safely with various exchanges. In December of 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 easy-to-use automated trading system. The cryptocurrency markets can be extremely volatile, and it can be challenging for investors to stay up with the ever-changing charts. Coinrule lets traders set up trading rules and then analyzes the market and then makes trades that are compatible with their plan of action. This allows traders to place their cryptocurrency trading on autopilot and not look over charts for hours.
Coinrule provides integrated trading strategies that investors can select from. There are more than 150 trading rules to pick from that make it simple for both novice and experienced traders to find a strategy that works for them. Furthermore, traders are able to pause rules at any point, and they will receive free daily emails that contain trading signals that can help them adjust their strategy to the market.
Another excellent aspect of Coinrule is its backtesting opportunities. Investors can test their trading strategies based on historical market data using TradingView. They can select the coin they plan to trade and the time frame they want to use as well as the strategy for trading to check how many trades the strategy has opened and closed in addition to the net profit, percentage of profitability as well as the maximum drawdown and profit percentage. This can be a helpful method to boost the trust of traders in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can integrate Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Pro, and Trader, with different options for traders of all levels. Prices start at $0 and go up and up to $499.99 per month, and traders can choose to pay monthly or annually. Annual plans provide discounts of up to percent.
In the end, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest level. With features such as automatic trading and built-in strategies for trading as well as backtesting options, and support for multiple trustworthy cryptocurrency exchanges Coinrule provides a reliable tool that will assist you in making the most of your trading strategy.