The world of cryptocurrency trading can be quite exciting However, it can be time-consuming and overwhelming for many traders. This is where Coinrule is able to help. Coinrule can be described as an automatic tool for trading that helps traders stick to their crypto strategy without having to constantly be on the lookout for market trends. It’s easy to use even for people with no programming knowledge, and provides various options to boost your trading to the next step.
Coinrule was established in the year 2017 , in London by a team of blockchain and cryptocurrency enthusiasts. The company aims create a system that makes trading cryptocurrencies easier by offering an automated platform for trading that is able to integrate securely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its goal.
One of the key aspects of Coinrule is the easy-to-use automated trading system. The markets for cryptocurrency can be extremely volatile, and it can be difficult for traders to keep track of the ever-changing charts. Coinrule lets traders set up trading rules and then analyzes the market and then makes trades that fit into their strategies. This allows traders to place their cryptocurrency trading on autopilot and not look over charts for hours.
Coinrule has integrated trading strategies that investors can choose from. There are over 150 trading rules to pick from which makes it simple for both novice and experienced traders to choose the best strategy for them. Furthermore, traders are able to pause rules at any time and will be sent daily emails that contain trading signals that can help them adjust their strategy to the market.
Another excellent feature of Coinrule is its backtesting capabilities. Traders can test out their trading strategy on historical market data using TradingView. They can select the coin they intend to trade, the desired time frame and trading strategy and determine how many trades that the strategy has opened and closed and also the net profit, the percentage of profitability, maximum drawdown, and profit factor. This can be an effective instrument to increase the trust of traders in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to use Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers, 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 have the option of paying each month or annually. The annual plans can offer discounts of up to 25%.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the next level. With features such as automatic trading and built-in strategies for trading, backtesting opportunities, and support for a variety of trusted cryptocurrency exchanges Coinrule can be a powerful tool that will assist you in making the most of the trading strategies you employ.