The world of cryptocurrency trading can be quite exciting However, it can become time-consuming and stressful for many traders. This is the point where Coinrule is able to help. Coinrule can be described as an automatic trading tool that helps traders adhere to their cryptocurrency strategy without the need to constantly keep track of the market. It’s simple to use even for those without coding experience, and offers a variety of options to boost you trading experience to highest step.
Coinrule was founded in 2017 in London by a group of crypto and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrencies easier by offering an automated trading platform which can be integrated safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over the amount it had set for.
One of the most important aspects of Coinrule is the easy-to-use automated trading system. The markets for cryptocurrency can be extremely volatile, and it can be challenging for investors to stay up with the constantly changing charts. Coinrule lets traders set up trading rules and then analyzes the market and then makes trades that are compatible with their strategy. This means that traders can set their cryptocurrency trading on autopilot, and not spend hours poring over charts.
Coinrule provides integrated trading strategies that investors can pick from. There are over 150 rules to choose from that make it simple for both new and experienced traders to choose the best strategy for them. Furthermore, traders are able to pause rules at any time, and receive daily emails with signals for trading to help them adapt their strategy according to the changing market.
Another great characteristic of Coinrule is the possibility of backtesting. The traders can test their trading strategies based by using historical market data in TradingView. They can select the coin they intend to trade as well as the timeframe they wish to trade and trading strategy and see how many trades were opened and closed, as well as profits net, percentage of profit, maximum drawdown, and profit factor. This can be an effective method to boost a trader’s confidence in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can integrate Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader, offering different options to traders at all levels. Prices start at $0 and go up to $499.99 per month, and traders have the option of paying each month or annually. The yearly plans offer discounts of up to 25%.
All in all, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest possible level. With features like automated trading, built-in trading strategies as well as backtesting options, and the ability to support multiple trusted trading platforms, Coinrule provides a reliable tool that will aid you in making the most of any trading plan.