The world of trading cryptocurrency can be very exciting however, it can be time-consuming and overwhelming to many investors. This is where Coinrule comes in. Coinrule can be described as an automatic trading tool that helps traders adhere to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It’s easy to use, even for those with no programming knowledge, and provides a variety of options to help you take you trading experience to next step.
Coinrule was established in the year 2017 in London by a team of crypto and blockchain enthusiasts. Its goal is to make trading in cryptocurrency more efficient by providing an automated platform for trading that is able to integrate securely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than the amount it had set for.
One of the key advantages of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be very volatile and it is often difficult for traders to keep up with the ever-changing charts. Coinrule lets traders set up trading rules and then monitors the market and makes trades that match their plan of action. This means that traders can put their cryptocurrency trading to autopilot and not spend hours poring over charts.
Coinrule provides built-in trading strategies that traders can select from. There are over 150 rules available which makes it simple for both novice and experienced traders to discover the best strategy for them. Furthermore, traders are able to pause rules at any point, and will be sent daily emails with trading signals that can help them adjust their strategy to the market.
Another excellent feature of Coinrule is its backtesting opportunities. The traders can test their trading strategies based on historical market data using TradingView. You can choose the currency they will be trading, the desired time frame as well as the strategy for trading and determine how many trades that were opened and closed in addition to profits net, percentage of profitability as well as the maximum drawdown and profit factor. This can be an effective tool for increasing the trust of traders in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Pro, and Trader with different options for traders at all levels. Prices vary from $0 and up to $499.99 per month. traders have the option of paying either monthly or annually. Annual plans provide 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 like automatic trading and built-in trading strategies with backtesting capabilities, as well as support for a variety of trusted cryptocurrency exchanges Coinrule can be a powerful tool that can help you make the most of your trading strategy.