The world of trading in cryptocurrency can be very exciting however, it can become time-consuming and stressful for many traders. This is the point where Coinrule comes in. Coinrule can be described as an automatic trading tool that can help traders adhere to their cryptocurrency strategy without having to constantly be on the lookout for market trends. It’s simple to use, even for people with no programming experience, and offers a variety of features that can help you take trades to the next step.
Coinrule was founded in 2017 , in London by a team of cryptocurrency and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrency easier by offering an automated trading platform that is able to integrate securely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above the amount it had set for.
One of the main aspects of Coinrule is the easy-to-use automated trading system. The market for cryptocurrency is extremely volatile, and it can be difficult for traders to keep up with constantly changing charts. Coinrule lets traders establish trading rules and then analyzes the market and then makes trades that match their strategy. This allows traders to put their cryptocurrency trading to autopilot, and not go through charts for hours.
Coinrule also offers integrated trading strategies that traders can choose from. There are more than 150 trading rules to pick from which makes it simple for both new and experienced traders to find a strategy that works for them. Additionally, traders can pause rules at any point, and receive daily emails that contain trading signals to help them adapt their strategy according to the changing market.
Another excellent characteristic of Coinrule is its backtesting capabilities. Investors can test their trading strategy on historical market data using TradingView. They can select the coin they will be trading and the time frame they want to use and trading strategy to determine how many trades that the strategy has opened and closed, as well as profits net, the percentage of profitability as well as the maximum drawdown and profit factor. This can be a helpful tool for increasing confidence of traders in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Trader, and Pro, with different options for traders at all levels. Prices range from $0 to $499.99 per month. traders can choose to pay monthly or annually. Annual plans provide discounts of up to%.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the next level. With features like automatic trading and built-in strategies for trading with backtesting capabilities, as well as support for a variety of trusted trading platforms, Coinrule provides a reliable tool that can aid you in making the most of your trading strategy.