The world of cryptocurrency trading can be very exciting, but it can also be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule comes in. Coinrule can be described as an automatic trading tool that helps traders stick to their cryptocurrency strategy without the need to constantly monitor the markets. It is easy to use, even for people with no programming experience, and offers many options that will boost you trading experience to next step.
Coinrule was founded in the year 2017 London by a group of cryptocurrency and blockchain enthusiasts. The company aims to make trading in cryptocurrencies less tedious by providing an automated trading platform that is able to integrate securely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above its target.
One of the key advantages of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be very volatile and it is often challenging for investors to stay up with the ever-changing charts. Coinrule allows traders to establish trading rules and then analyzes the market and then makes trades that fit into their strategy. This means that traders are able to place their cryptocurrency trading to autopilot and not have to look over charts for hours.
Coinrule provides integrated trading strategies that traders can pick from. There are more than 150 rules available, making it easy for both novice and experienced traders to discover the best strategy for them. In addition, traders can stop rules at any time, and receive daily emails that contain trading signals which can assist them in adjusting their strategy according to the changing market.
Another great aspect of Coinrule is the possibility of backtesting. Traders can test out their trading rules on historical market data using TradingView. You can choose the currency they intend to trade as well as the timeframe they wish to trade and trading strategy and check how many trades the strategy opened and closed, as well as its net profits, the percentage of profit maximum drawdown, as well as profit factor. This is a useful instrument to increase a trader’s confidence in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Trader, and Pro, with a variety of options for traders of all levels. Prices start at $0 and go up and up to $499.99 per month, and traders can choose to pay either monthly or annually. The yearly plans offer discounts up to 25 percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the highest possible level. With features like automated trading, built-in strategies for trading with backtesting capabilities, as well as support for multiple trustworthy exchanges, Coinrule can be a powerful instrument that can help you make the most out of the trading strategies you employ.