The world of cryptocurrency trading can be very exciting however, it can become time-consuming and stressful for many traders. This is where Coinrule comes in. Coinrule is an automated tool for trading that helps traders stick to their crypto strategy without having to continuously be on the lookout for market trends. It’s simple to use, even for those without coding expertise, and comes with various options to boost your trading to the next step.
Coinrule was established in the year 2017 London by a team of cryptocurrency and blockchain 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 of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its target.
One of the main features of Coinrule is its easy to use automated trading. The market for cryptocurrency is very volatile and it can be hard for trader to keep track of the ever-changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that are compatible with their strategies. This means that traders can put their cryptocurrency trading on autopilot and not go through charts for hours.
Coinrule provides integrated trading strategies that investors can pick from. There are over 150 rules to choose from which makes it simple for both new and experienced traders to choose the best strategy for them. Furthermore, traders are able to pause rules at any time, and receive daily emails that contain trading signals that can help them adjust their strategy according to the changing market.
Another great characteristic of Coinrule is its backtesting opportunities. The traders can test their trading strategy by using historical market data in TradingView. They can select the coin they plan to trade, the desired time frame, and the trading strategy to see how many trades the strategy opened and closed and also its net profits, the percentage of profit as well as the maximum drawdown and profit percentage. This can be an effective instrument to increase confidence of traders in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to use Coinrule seamlessly with any of 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 range from $0 to $499.99 per month. traders can choose to pay monthly or annually. Annual plans provide discounts up to 25 percent.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest level. With features such as automatic trading and built-in trading strategies as well as backtesting options, and support for multiple trustworthy trading platforms, Coinrule can be a powerful instrument that can assist you in making the most of your trading strategy.