The world of cryptocurrency trading can be very exciting however, it can be time-consuming and overwhelming in the eyes of many trader. This is where Coinrule is able to help. Coinrule can be described as an automatic trading tool that can help traders adhere to their cryptocurrency strategy without the need to constantly keep track of the market. It is easy to use, even for those without coding expertise, and comes with many features that can help you take you trading experience to next step.
Coinrule was established in the year 2017 in London by a group of blockchain and cryptocurrency enthusiasts. The company’s mission is create a system that makes trading cryptocurrencies easier by offering an automated platform for trading which can be integrated safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its goal.
One of the key features of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be very volatile and it can be challenging for investors to stay up with the constantly changing charts. Coinrule lets traders establish trading rules and then analyzes the market and then makes trades that fit into their strategies. This means that traders are able to put their cryptocurrency trading up to run on autopilot and not spend hours poring over charts.
Coinrule also offers built-in trading strategies that traders can select from. There are over 150 rules to choose from that make it simple for both experienced and novice traders to discover an approach that is suitable for them. In addition, traders can stop rules at any time, and they will receive free daily emails with signals for trading to help them adapt their strategy according to the changing market.
Another great feature of Coinrule is its backtesting opportunities. Investors can test their trading strategy with historical market data by using TradingView. They can choose the cryptocurrency they plan to trade and the time frame they want to use and trading strategy and check how many trades were opened and closed in addition to profits net, percentage of profit as well as the maximum drawdown and the profit ratio. This is a useful instrument to increase the trust of traders in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to use Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Pro, and Trader offering different options to traders of all levels. Prices start at $0 and go up and up to $499.99 per month, and traders can choose to pay either monthly or annually. The annual plans can offer discounts up to 25%.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the next level. With features like automated trading, built-in strategies for trading with backtesting capabilities, as well as the ability to support multiple trusted exchanges, Coinrule can be a powerful tool that will assist you in making the most of the trading strategies you employ.