The world of cryptocurrency trading is quite thrilling However, it can become time-consuming and stressful for many traders. This is where Coinrule comes in. Coinrule can be described as an automatic trading tool that can help traders stick to their cryptocurrency strategy without the need to constantly be on the lookout for market trends. It is easy to use even for those without coding experience, and offers many features that can boost trades to the next level.
Coinrule was established in the year 2017 , in London by a team of cryptocurrency and blockchain enthusiasts. The company aims at making trading cryptocurrency less tedious by providing an automated platform for trading that is able to integrate securely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its target.
One of the most important features of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be highly 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 examines the market and make trades that match their plan of action. This allows traders to place their cryptocurrency trading up to run on autopilot and not have to look over charts for hours.
Coinrule also offers integrated trading strategies that investors can select from. There are over 150 rules available which makes it simple for both experienced and novice traders to find a strategy that works for them. Furthermore, traders are able to pause rules at any point, and they will receive free daily emails with trading signals which can assist them in adjusting their strategies to market conditions.
Another excellent feature of Coinrule is its backtesting opportunities. Traders can test out their trading strategies based on historical market data using TradingView. You can choose the currency they will be trading as well as the timeframe they wish to trade, and the trading strategy to determine how many trades that were opened and closed and also the net profit, percentage of profit as well as the maximum drawdown and profit percentage. This can be an effective instrument to increase confidence of traders in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can use Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Trader, and Pro, with different options for traders at all levels. Prices vary from $0 and up to $499.99 per month. traders can choose to pay each month or annually. Annual plans provide discounts up to 25%.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the next level. With features such as automatic trading and built-in trading strategies, backtesting opportunities, and the ability to support multiple trusted cryptocurrency exchanges Coinrule can be a powerful tool that can help you make the most of your trading strategy.