The world of cryptocurrency trading is quite thrilling 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 tool for trading that helps traders stick to their cryptocurrency strategy without the need to constantly keep track of the market. It’s easy to use even for those with no programming knowledge, and provides various features that can help you take you trading experience to highest step.
Coinrule was established in 2017 , in London by a team of crypto and blockchain enthusiasts. The company aims to make trading in cryptocurrencies easier by offering an automated platform for trading which can be integrated safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over the amount it had set for.
One of the key features of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is very volatile and it is often hard for trader to keep track of the ever-changing charts. Coinrule lets traders create trading rules, and then analyzes the market and then makes trades that match their strategies. This means that traders can set their cryptocurrency trading on autopilot, and not go through charts for hours.
Coinrule also offers integrated trading strategies that traders can choose from. There are more than 150 trading rules to pick from, making it easy for both novice and experienced traders to find an approach that is suitable for them. Additionally, traders can pause rules at any time and will be sent daily emails with trading signals which can assist them in adjusting their strategy according to the changing market.
Another great feature of Coinrule is its backtesting opportunities. Investors can test their trading strategies based with historical market data by using TradingView. You can choose the currency they plan to trade and the time frame they want to use as well as the strategy for trading, and then see how many trades the strategy has opened and closed, as well as the net profit, percentage of profitability, maximum drawdown, and the profit ratio. This can be an effective instrument to increase a trader’s confidence in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can use Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Trader, and Pro, 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 are able to pay each month or annually. Annual plans provide discounts of up to 25 percent.
All in all, 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 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 will assist you in making the most out of the trading strategies you employ.