The world of trading in cryptocurrency can be quite exciting however, it can become time-consuming and stressful to many investors. This is the point where Coinrule is able to help. Coinrule is an automated trading tool that helps traders stick to their crypto strategy without having to constantly keep track of the market. It’s simple to use even for those without coding expertise, and comes with many features that can help you take trades to the next step.
Coinrule was established in the year 2017 London by a team of blockchain and cryptocurrency enthusiasts. The company’s mission is at making trading cryptocurrencies easier by offering an automated trading platform that can integrate safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than its goal.
One of the most important features of Coinrule is its user-friendly automated trading. The market for cryptocurrency is highly volatile and it can be hard for trader to keep track of the ever-changing charts. Coinrule lets traders establish 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 up to run on autopilot and not spend hours poring over charts.
Coinrule provides built-in trading strategies that traders can select from. There are more than 150 rules available which makes it simple for both new and experienced traders to find a strategy that works for them. Furthermore, traders are able to pause rules at any time, and will be sent daily emails with signals for trading which can assist them in adjusting their strategies to market conditions.
Another great characteristic of Coinrule is the possibility of backtesting. Traders can test out their trading strategies based by using historical market data in TradingView. They can choose the cryptocurrency they will be trading as well as the timeframe they wish to trade as well as the strategy for trading, and then determine how many trades that the strategy has opened and closed in addition to the net profit, percentage of profit maximum drawdown, as well as the profit ratio. This is a useful instrument to increase the trust of traders in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Pro, and Trader with a variety of options for traders of all levels. Prices start at $0 and go up through $499.99 per month, and traders can choose to pay each month or annually. The annual plans can offer discounts up to 25%.
All in all, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the next level. With features such as automated trading, built-in trading strategies, backtesting opportunities, and support for a variety of trusted trading platforms, Coinrule provides a reliable tool that will aid you in making the most out of any trading plan.