The world of trading cryptocurrency can be very exciting however, it can become time-consuming and stressful for many traders. This is the point 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 be on the lookout for market trends. It’s easy to use, even for people with no programming experience, and offers various options to boost you trading experience to next step.
Coinrule was founded in the year 2017 London by a team of blockchain and cryptocurrency enthusiasts. Its goal is at making trading cryptocurrency more efficient by providing an automated trading platform that can integrate safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over its target.
One of the most important advantages of Coinrule is its user-friendly automated trading. The market for cryptocurrency is extremely volatile, and it can be challenging for investors to stay up with the constantly changing charts. Coinrule lets traders create trading rules, and then monitors the market and makes trades that are compatible with their strategies. This means that traders can place their cryptocurrency trading up to run on autopilot and not have to go through charts for hours.
Coinrule provides integrated trading strategies that traders can pick from. There are more than 150 rules to choose from which makes it simple for both novice and experienced traders to find an approach that is suitable for them. In addition, traders can stop rules at any time and receive daily emails with signals for trading which can assist them in adjusting their strategy to the market.
Another great characteristic of Coinrule is the possibility of backtesting. Traders can test out their trading strategy with historical market data by using TradingView. You can choose the currency they intend to trade, the desired time frame and trading strategy and see how many trades were opened and closed and also the net profit, the percentage of profitability, maximum drawdown, and profit factor. This is a useful instrument to increase a trader’s confidence 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. So, traders are able to integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader, with a variety of options for traders of all levels. Prices vary from $0 to $499.99 per month. traders have the option of paying each month or annually. The annual plans can offer discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the next level. With features such as automated trading, built-in strategies for trading, backtesting opportunities, and support for multiple trustworthy cryptocurrency exchanges Coinrule is a robust tool that can assist you in making the most of your trading strategy.