The world of cryptocurrency trading can be very exciting However, it can be time-consuming and overwhelming to many investors. This is the point where Coinrule comes in. Coinrule can be described as an automatic trading tool that can help traders stick to their cryptocurrency strategy without having to constantly monitor the markets. It’s easy to use, even for people with no programming experience, and offers many features that can help you take your trading to the next level.
Coinrule was founded in 2017 in London by a group of crypto and blockchain enthusiasts. Its goal is to make trading in cryptocurrencies easier by offering an automated platform for trading that is able to integrate securely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over its target.
One of the most important features of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be highly volatile and it can be difficult for traders to keep up with ever-changing charts. Coinrule allows traders to set up trading rules and then examines the market and make trades that are compatible with their strategies. This allows traders to put their cryptocurrency trading to autopilot and not look over charts for hours.
Coinrule also offers integrated trading strategies that traders can pick from. There are more than 150 trading rules to pick from which makes it simple for both novice and experienced traders to find the best strategy for them. Additionally, traders can pause rules at any time and will be sent daily emails with signals for trading that can help them adjust their strategy according to the changing market.
Another wonderful aspect of Coinrule is its backtesting opportunities. The traders can test their trading rules by using historical market data in TradingView. They can select the coin they intend to trade, the desired time frame as well as the strategy for trading to see how many trades the strategy opened and closed, as well as the net profit, the percentage of profitability maximum drawdown, as well as profit percentage. This is a useful instrument to increase confidence of traders in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to connect Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader, with different options for traders at all levels. Prices start at $0 and go up through $499.99 per month, and traders are able to pay either monthly or annually. The annual plans can offer discounts of up to 25%.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest level. With features like automatic trading and built-in strategies for trading, backtesting opportunities, and the ability to support multiple trusted trading platforms, Coinrule provides a reliable tool that can help you make the most of the trading strategies you employ.