The world of cryptocurrency trading can be quite exciting However, it can be time-consuming and overwhelming for many traders. This is the point where Coinrule is able to help. Coinrule can be described as an automatic trading tool that can help traders stick to their crypto strategy without the need to constantly be on the lookout for market trends. It’s easy to use, even for people with no programming knowledge, and provides many options that will boost trades to the next level.
Coinrule was founded in 2017 in London by a group of crypto and blockchain enthusiasts. The company aims to make trading in cryptocurrencies more efficient by providing an automated trading platform which can be integrated safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than the amount it had set for.
One of the key features of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be extremely volatile, and it is often 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 means that traders are able to place their cryptocurrency trading up to run on autopilot and not go through charts for hours.
Coinrule provides integrated trading strategies that investors can pick from. There are over 150 rules available 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 receive daily emails with signals for trading to help them adapt their strategy to the market.
Another wonderful aspect of Coinrule is its backtesting capabilities. Investors can test their trading strategy with historical market data by using TradingView. They can choose the cryptocurrency they will be trading as well as the timeframe they wish to trade, and the trading strategy to check how many trades the strategy has opened and closed, as well as the net profit, percentage of profit maximum drawdown, as well as the profit ratio. This is a useful method to boost confidence of traders in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader, with a variety of options for traders at all levels. Prices start at $0 and go up and up to $499.99 per month, and traders have the option of paying monthly or annually. The yearly plans offer discounts up to 25 percent.
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 such as automatic trading and built-in strategies for trading, backtesting opportunities, and support for a variety of trusted trading platforms, Coinrule can be a powerful tool that can help you make the most of any trading plan.