The world of trading cryptocurrency can be quite 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 having to constantly keep track of the market. It’s easy to use, even for those with no programming experience, and offers various features that can help you take trades to the next level.
Coinrule was established in 2017 in London by a group of blockchain and cryptocurrency enthusiasts. The company aims at making trading cryptocurrency easier by offering an automated trading platform that can integrate safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its goal.
One of the most important aspects of Coinrule is the easy-to-use automated trading system. The market for cryptocurrency is very volatile and it is often difficult for traders to keep track of the ever-changing charts. Coinrule allows traders to establish trading rules and then analyzes the market and then makes trades that fit into their strategies. This means that traders are able to set their cryptocurrency trading up to run on autopilot, and not go through charts for hours.
Coinrule provides built-in trading strategies that traders can choose from. There are over 150 rules to choose from which makes it simple for both novice 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 to help them adapt their strategy to the market.
Another wonderful aspect of Coinrule is its backtesting opportunities. Traders can test out their trading rules with historical market data by using TradingView. They can choose the cryptocurrency they intend to trade, the desired time frame, and the trading strategy to see how many trades the strategy has opened and closed, as well as profits net, percentage of profitability, maximum drawdown, and the profit ratio. This can be a helpful method to boost the trust of traders in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can integrate Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader offering different options to traders of all levels. Prices range from $0 and up to $499.99 per month. traders can choose to pay monthly or annually. The annual plans can offer discounts of up to percent.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the highest possible level. With features such as automatic trading and built-in strategies for trading as well as backtesting options, and support for multiple trustworthy trading platforms, Coinrule is a robust tool that will assist you in making the most out of any trading plan.