The world of trading cryptocurrency can be very exciting however, it can become time-consuming and stressful for many traders. This is where Coinrule is able to help. Coinrule can be described as an automatic trading tool that can help traders stick to their crypto strategy without the need to constantly keep track of the market. It is easy to use, even for people with no programming expertise, and comes with a variety of features that can boost trades to the next step.
Coinrule was founded in 2017 in London by a group of cryptocurrency and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrency 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, over 200% more than the amount it had set for.
One of the most important features of Coinrule is its easy to use automated trading. The cryptocurrency markets can be extremely volatile, and it can be hard for trader to keep up with constantly changing charts. Coinrule allows traders to create trading rules, and then analyzes the market and then makes trades that match their strategy. This allows traders to place their cryptocurrency trading to autopilot, and not go through charts for hours.
Coinrule also offers integrated trading strategies that traders can select from. There are more than 150 rules to choose from which makes it simple for both new and experienced traders to find the best strategy for them. In addition, traders can stop rules at any point, and receive daily emails that contain trading signals which can assist them in adjusting their strategies to market conditions.
Another excellent characteristic of Coinrule is its backtesting opportunities. The traders can test their trading strategy by using historical market data in TradingView. They can choose the cryptocurrency they plan to trade, the desired time frame, and the trading strategy and check how many trades the strategy has opened and closed and also the net profit, the percentage of profit, maximum drawdown, and profit factor. This can be an effective instrument to increase the trust of traders in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can use Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Trader, and Pro, offering different options to traders of all levels. Prices range from $0 to $499.99 per month. traders are able to pay monthly or annually. The annual plans can offer discounts up to 25 percent.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest possible level. With features such as automatized trading, integrated trading strategies, backtesting opportunities, and support for a variety of trusted cryptocurrency exchanges Coinrule is a robust instrument that can help you make the most of any trading plan.