The world of trading cryptocurrency can be very exciting, 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 trading tool that helps traders stick to their crypto strategy without the need to constantly monitor the markets. It’s easy to use, even for those with no programming experience, and offers many features that can take trades to the highest step.
Coinrule was established in 2017 , in London by a team of cryptocurrency and blockchain enthusiasts. The company aims at making trading cryptocurrencies easier by offering an automated platform for trading that is able to integrate securely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over its goal.
One of the main aspects of Coinrule is the easy-to-use automated trading system. The markets for cryptocurrency can be very volatile and it is often difficult for traders to keep up with constantly changing charts. Coinrule lets traders create trading rules, and then monitors the market and makes trades that are compatible with their plan of action. This allows traders to put their cryptocurrency trading to autopilot and not look over charts for hours.
Coinrule provides built-in trading strategies that traders can choose from. There are more than 150 trading rules to pick from that make it simple for both experienced and novice traders to choose a strategy that works for them. Additionally, traders can pause rules at any time, and will be sent daily emails with trading signals which can assist them in adjusting their strategy according to the changing market.
Another wonderful feature of Coinrule is its backtesting opportunities. Traders can test out their trading rules on historical market data using TradingView. You can choose the currency they plan to trade and the time frame they want to use and trading strategy to check how many trades the strategy opened and closed in addition to profits net, percentage of profitability, maximum drawdown, and profit percentage. This can be a helpful tool for increasing confidence of traders in the trading rules they design.
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 connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Trader, and Pro, with a variety of options for traders of all levels. Prices range from $0 to $499.99 per month. traders can choose to pay either monthly or annually. The annual plans can offer discounts of up to%.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the next level. With features such as automated trading, built-in trading strategies as well as backtesting options, and support for a variety of trusted trading platforms, Coinrule provides a reliable tool that can assist you in making the most out of the trading strategies you employ.