The world of trading in cryptocurrency can be very exciting, but it can also 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 the need to constantly monitor the markets. It’s simple to use even for people with no programming expertise, and comes with various options that will take your trading to the highest level.
Coinrule was established in the year 2017 , in London by a group of blockchain and cryptocurrency enthusiasts. Its goal is to make trading in cryptocurrency more efficient by providing an automated trading platform that can integrate safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above the amount it had set for.
One of the main aspects of Coinrule is the easy-to-use automated trading system. The market for cryptocurrency is highly volatile and it can be challenging for investors to stay up with the constantly changing charts. Coinrule allows traders to create trading rules, and then analyzes the market and then makes trades that fit into their strategies. This means that traders can set their cryptocurrency trading to autopilot and not have to spend hours poring over charts.
Coinrule provides built-in trading strategies that traders 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. Furthermore, traders are able to pause rules at any point, and receive daily emails with trading signals that can help them adjust their strategies to market conditions.
Another excellent aspect of Coinrule is its backtesting opportunities. The traders can test their trading strategy by using historical market data in TradingView. They can choose the cryptocurrency they will be trading and the time frame they want to use as well as the strategy for trading to determine how many trades that the strategy opened and closed in addition to profits net, percentage of profit, maximum drawdown, and profit factor. This is a useful tool for increasing the trust 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. So, traders are able to integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader, with a variety of options for traders of all levels. Prices start at $0 and go up and up to $499.99 per month. traders have the option of paying either monthly or annually. The yearly plans offer discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest possible level. With features such as automatic trading and built-in trading strategies with backtesting capabilities, as well as the ability to support multiple trusted cryptocurrency exchanges Coinrule can be a powerful tool that will assist you in making the most out of any trading plan.