The world of trading cryptocurrency is quite thrilling, but it can also be time-consuming and overwhelming for many traders. This is where Coinrule is able to help. Coinrule can be described as an automatic tool for trading that helps traders stick to their cryptocurrency strategy without the need to constantly monitor the markets. It’s simple to use even for those without coding experience, and offers a variety of options to help you take trades to the highest step.
Coinrule was established in the year 2017 , in London by a group of blockchain and cryptocurrency enthusiasts. Its goal is to make trading in cryptocurrencies less tedious by providing an automated platform for trading that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its target.
One of the key features of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be very volatile and it can be hard for trader to keep up with ever-changing charts. Coinrule allows traders to establish trading rules and then analyzes the market and then makes trades that are compatible with their strategy. This means that traders are able to place their cryptocurrency trading to autopilot and not have to spend hours poring over charts.
Coinrule has built-in trading strategies that traders can choose from. There are over 150 trading rules to pick from that make it simple for both experienced and novice traders to find the best strategy for them. Furthermore, traders are able to pause rules at any time, and receive daily emails with signals for trading which can assist them in adjusting their strategy according to the changing market.
Another excellent aspect of Coinrule is its backtesting capabilities. Investors can test their trading strategy by using historical market data in TradingView. They can choose the cryptocurrency they intend to trade and the time frame they want to use and trading strategy to check how many trades the strategy opened and closed, as well as profits net, percentage of profit as well as the maximum drawdown and profit factor. This can be a helpful tool for increasing a trader’s confidence in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can use Coinrule seamlessly with any of these platforms.
Coinrule offers 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, and traders can choose to pay each month or annually. The annual plans can offer discounts up to 25%.
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 automatized trading, integrated trading strategies, backtesting opportunities, and the ability to support multiple trusted trading platforms, Coinrule is a robust tool that can assist you in making the most of your trading strategy.