The world of trading in cryptocurrency can be very exciting however, it can become time-consuming and stressful in the eyes of many trader. This is where Coinrule is able to help. Coinrule can be described as an automatic trading tool that helps traders adhere to their cryptocurrency strategy without having to continuously keep track of the market. It’s simple to use, even for those without coding experience, and offers various features that can boost you trading experience to next level.
Coinrule was established in the year 2017 in London by a group of blockchain and cryptocurrency enthusiasts. The company’s mission is to make trading in cryptocurrencies less tedious by providing an automated platform for trading that can integrate safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above its target.
One of the most important aspects of Coinrule is the user-friendly automated trading. 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 establish trading rules and then monitors the market and makes trades that fit into their plan of action. This allows traders to place their cryptocurrency trading on autopilot, and not look over charts for hours.
Coinrule has built-in trading strategies that traders can choose from. There are over 150 rules to choose from, making it easy for both new and experienced traders to find a strategy that works for them. Additionally, traders can pause rules at any time and they will receive free daily emails with signals for trading to help them adapt their strategy to the market.
Another great aspect of Coinrule is its backtesting capabilities. Traders can test out their trading rules on historical market data using TradingView. They can choose the cryptocurrency they intend to trade as well as the timeframe they wish to trade and trading strategy to determine how many trades that the strategy has opened and closed and also the net profit, the percentage of profitability as well as the maximum drawdown and the profit ratio. This can be a helpful method to boost confidence of traders in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can integrate Coinrule seamlessly with these platforms.
Coinrule provides 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 to $499.99 per month. traders are able to pay either monthly or annually. Annual plans provide discounts of up to 25 percent.
Overall, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest level. With features such as automatized trading, integrated strategies for trading as well as backtesting options, and the ability to support multiple trusted cryptocurrency exchanges Coinrule can be a powerful instrument that can assist you in making the most of any trading plan.