The world of cryptocurrency trading can be quite exciting however, it can become time-consuming and stressful in the eyes of many trader. This is the point where Coinrule is able to help. Coinrule can be described as an automatic trading tool that helps traders stick to their crypto strategy without having to constantly keep track of the market. It’s simple to use even for those with no programming expertise, and comes with various features that can boost trades to the highest step.
Coinrule was established in the year 2017 London by a group of blockchain and cryptocurrency enthusiasts. The company’s mission is create a system that makes trading cryptocurrency more efficient by providing an automated platform for trading that is able to integrate securely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its target.
One of the most important advantages of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be highly volatile and it is often difficult for traders to keep up with the constantly changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that match their strategy. This means that traders are able to place their cryptocurrency trading on autopilot and not have to spend hours poring over charts.
Coinrule has integrated trading strategies that traders can select from. There are over 150 rules available that make it simple for both novice and experienced traders to discover an approach that is suitable for them. In addition, traders can stop rules at any point, and will be sent daily emails with trading signals that can help them adjust their strategies to market conditions.
Another great characteristic of Coinrule is its backtesting capabilities. Investors can test their trading strategies based by using historical market data in TradingView. You can choose the currency they intend to trade, the desired time frame as well as the strategy for trading, and then see how many trades the strategy opened and closed in addition to the net profit, percentage of profit, maximum drawdown, and profit factor. This is a useful method to boost confidence of traders in their trading strategies they develop.
Coinrule is also compatible with a variety of reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Trader, and Pro, offering different options to traders of all levels. Prices start at $0 and go up to $499.99 per month, and traders can choose to pay monthly or annually. The annual plans can offer discounts up to 25 percent.
All in all, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest level. With features like automatized trading, integrated strategies for trading as well as backtesting options, and support for a variety of trusted trading platforms, Coinrule can be a powerful tool that will aid you in making the most out of the trading strategies you employ.