The world of cryptocurrency trading can be quite exciting however, it can be time-consuming and overwhelming for many traders. This is where Coinrule is able to help. Coinrule can be described as an automatic trading tool that helps traders stick to their crypto strategy without having to constantly monitor the markets. It’s easy to use even for those without coding experience, and offers a variety of options that will take trades to the highest level.
Coinrule was established in the year 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 is able to integrate securely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than the amount it had set for.
One of the main features of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be highly volatile and it is often hard for trader to keep track of the constantly changing charts. Coinrule allows traders to set up trading rules and then examines the market and make trades that are compatible with their strategy. This allows traders to put their cryptocurrency trading to autopilot and not spend hours poring over charts.
Coinrule has integrated trading strategies that investors can choose from. There are over 150 rules available, making it easy 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 they will receive free daily emails with trading signals that can help them adjust their strategy to the market.
Another excellent feature of Coinrule is its backtesting opportunities. Traders can test out their trading strategy with historical market data by 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 and see how many trades were opened and closed and also the net profit, the percentage of profit, maximum drawdown, and the profit ratio. This can be a helpful instrument to increase confidence 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. This means that traders can integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Pro, and Trader offering different options to traders at all levels. Prices start at $0 and go up and up to $499.99 per month. traders are able to pay monthly or annually. The yearly plans offer discounts of up to 25 percent.
Overall, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest possible level. With features such as automatic trading and built-in trading strategies, backtesting opportunities, and the ability to support multiple trusted exchanges, Coinrule provides a reliable tool that can aid you in making the most of any trading plan.