The world of trading in cryptocurrency is quite thrilling however, it can be time-consuming and overwhelming in the eyes of many trader. This is where Coinrule comes in. Coinrule can be described as an automatic trading tool that helps traders stick to their crypto strategy without having to constantly be on the lookout for market trends. It is easy to use even for people with no programming experience, and offers many options that will boost trades to the next step.
Coinrule was established in the year 2017 London by a group of blockchain and cryptocurrency enthusiasts. The company aims create a system that makes trading cryptocurrencies less tedious by providing an automated platform for trading that can integrate safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over its target.
One of the key advantages of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be extremely volatile, and it is often difficult for traders to keep track of the ever-changing charts. Coinrule allows traders to create trading rules, and then examines the market and make trades that fit into their plan of action. This means that traders can set their cryptocurrency trading on autopilot and not have to look over charts for hours.
Coinrule provides integrated trading strategies that investors can choose from. There are over 150 rules available that make it simple for both experienced and novice traders to choose an approach that is suitable for them. In addition, traders can stop rules at any time and will be sent daily emails with trading signals to help them adapt their strategies to market conditions.
Another great aspect of Coinrule is the possibility of backtesting. Investors can test their trading strategies based on historical market data using TradingView. They can select the coin they intend to trade as well as the timeframe they wish to trade and trading strategy to determine how many trades that the strategy has opened and closed, as well as profits net, the percentage of profit as well as the maximum drawdown and profit percentage. This is a useful tool for increasing confidence of traders in their trading strategies they develop.
Coinrule is also compatible with a variety of 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 provides four pricing levels that include Starter, Hobbyist Pro, and Trader offering different options to traders at all levels. Prices start at $0 and go up through $499.99 per month, and traders are able to pay each month or annually. The annual plans can offer discounts of up to 25%.
All in all, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest level. With features like automatic trading and built-in trading strategies with backtesting capabilities, as well as support for a variety of trusted trading platforms, Coinrule can be a powerful tool that can aid you in making the most of the trading strategies you employ.