The world of cryptocurrency trading can be very exciting However, it can become time-consuming and stressful in the eyes of many trader. This is the point 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 continuously keep track of the market. It’s easy to use, even for those with no programming knowledge, and provides various options to take your trading to the next step.
Coinrule was established in the year 2017 in London by a team of crypto and blockchain enthusiasts. Its goal is at making trading cryptocurrencies less tedious by providing an automated platform for trading that can integrate safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its goal.
One of the most important features of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be highly volatile and it can be hard for trader to keep up with constantly changing charts. Coinrule allows traders to establish trading rules and then monitors the market and makes trades that are compatible with their strategies. This means that traders can place their cryptocurrency trading to autopilot, and not go through charts for hours.
Coinrule also offers integrated trading strategies that traders can pick from. There are more than 150 rules to choose from, making it easy for both new and experienced traders to find the best strategy for them. In addition, traders can stop rules at any time, and receive daily emails with signals for trading which can assist them in adjusting their strategy according to the changing market.
Another great aspect of Coinrule is its backtesting opportunities. Traders can test out their trading rules 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 the strategy has opened and closed in addition to its net profits, the percentage of profitability, maximum drawdown, and profit factor. This can be an effective method to boost a trader’s confidence in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Trader, and Pro, offering different options to traders at all levels. Prices vary from $0 to $499.99 per month. traders have the option of paying either monthly or annually. The yearly plans offer discounts of up to percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the next level. With features like automated trading, built-in trading strategies as well as backtesting options, and support for a variety of trusted cryptocurrency exchanges Coinrule can be a powerful tool that will assist you in making the most out of any trading plan.