The world of trading in cryptocurrency is quite thrilling However, it can be time-consuming and overwhelming for many traders. This is the point where Coinrule comes in. Coinrule can be described as an automatic tool for trading that helps traders stick to their crypto strategy without the need to constantly keep track of the market. It’s simple to use, even for those without coding experience, and offers a variety of options to take your trading to the next step.
Coinrule was established in the year 2017 , in London by a group of blockchain and cryptocurrency enthusiasts. The company’s mission is to make trading in cryptocurrency easier by offering an automated platform for trading that can integrate safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than the amount it had set for.
One of the key features of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be extremely volatile, and it is often difficult for traders to keep up with constantly changing charts. Coinrule allows traders to set up trading rules and then analyzes the market and then makes trades that are compatible with their plan of action. This means that traders are able to put their cryptocurrency trading on autopilot and not have to look over charts for hours.
Coinrule has built-in trading strategies that traders can choose from. There are more than 150 trading rules to pick from which makes it simple for both experienced and novice traders to find a strategy that works for them. In addition, traders can stop rules at any point, and they will receive free daily emails with signals for trading that can help them adjust their strategy according to the changing market.
Another wonderful feature of Coinrule is its backtesting capabilities. Traders can test out their trading strategy with historical market data by using TradingView. You can choose the currency they intend to trade and the time frame they want to use and trading strategy, and then determine how many trades that were opened and closed, as well as profits net, percentage of profitability as well as the maximum drawdown and profit factor. This can be an effective method to boost a trader’s confidence in their trading strategies they develop.
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 use Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader with a variety of options for traders of all levels. Prices vary from $0 through $499.99 per month, and traders have the option of paying either monthly or annually. The yearly plans offer discounts up to 25%.
Overall, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest possible level. With features such as automatized trading, integrated trading strategies with backtesting capabilities, as well as support for a variety of trusted cryptocurrency exchanges Coinrule provides a reliable tool that can assist you in making the most of your trading strategy.