The world of trading in cryptocurrency can be very exciting However, it can become time-consuming and stressful for many traders. This is where Coinrule comes in. Coinrule can be described as an automatic trading tool that can help traders stick to their crypto strategy without having to constantly monitor the markets. It is easy to use, even for those with no programming experience, and offers many options that will help you take trades to the highest level.
Coinrule was founded in 2017 in London by a team of cryptocurrency and blockchain enthusiasts. Its goal is to make trading in cryptocurrency less tedious by providing an automated platform for trading which can be integrated safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its target.
One of the main features of Coinrule is its easy to use automated trading. The market for cryptocurrency is highly volatile and it is often hard for trader to keep up with the ever-changing charts. Coinrule lets traders create trading rules, and then analyzes the market and then makes trades that are compatible with their strategy. This means that traders can place their cryptocurrency trading up to run on autopilot and not spend hours poring over charts.
Coinrule provides built-in trading strategies that traders can pick from. There are over 150 rules available, making it easy for both novice and experienced traders to discover a strategy that works for them. Additionally, traders can pause rules at any time, and receive daily emails that contain trading signals which can assist them in adjusting their strategy to the market.
Another great aspect of Coinrule is its backtesting capabilities. The traders can test their trading strategies based with historical market data by using TradingView. They can choose the cryptocurrency they plan to trade as well as the timeframe they wish to trade and trading strategy, and then check how many trades the strategy has opened and closed, as well as its net profits, the percentage of profitability as well as the maximum drawdown and profit percentage. This is a useful tool for increasing a trader’s confidence in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to integrate Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Trader, and Pro, with different options for traders at all levels. Prices range from $0 to $499.99 per month, and traders are able to pay monthly or annually. Annual plans provide discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest possible level. With features like automatized trading, integrated trading strategies with backtesting capabilities, as well as support for multiple trustworthy exchanges, Coinrule is a robust tool that can assist you in making the most out of your trading strategy.