The world of trading in cryptocurrency can be very exciting, but it can also be time-consuming and overwhelming for many traders. This is the point where Coinrule comes in. Coinrule can be described as an automatic trading tool that helps traders stick to their crypto strategy without having to continuously keep track of the market. It’s easy to use, even for people with no programming expertise, and comes with various features that can take you trading experience to next step.
Coinrule was established in 2017 in London by a team of crypto and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrencies easier by offering an automated platform for trading that is able to integrate securely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its target.
One of the key aspects of Coinrule is the easy to use automated trading. The cryptocurrency markets can be very volatile and it can be difficult for traders to keep up with the ever-changing charts. Coinrule lets traders create trading rules, and then monitors the market and makes trades that match their plan of action. This allows traders to put 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, making it easy 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 receive daily emails with signals for trading to help them adapt their strategy according to the changing market.
Another wonderful aspect of Coinrule is its backtesting opportunities. The traders can test their trading rules on historical market data using TradingView. They can select the coin they intend to trade as well as the timeframe they wish to trade as well as the strategy for trading and determine how many trades that the strategy opened and closed in addition to profits net, percentage of profit maximum drawdown, as well as profit factor. This can be a helpful tool for increasing a trader’s confidence in the trading rules they design.
Coinrule has also been able to work with several reliable 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 including Starter, Hobbyist Trader, and Pro, with different options for traders at all levels. Prices range from $0 to $499.99 per month. traders have the option of paying monthly or annually. The yearly plans offer discounts of up to percent.
Overall, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest possible level. With features like automated trading, built-in strategies for trading as well as backtesting options, and support for a variety of trusted trading platforms, Coinrule can be a powerful tool that can aid you in making the most out of any trading plan.