The world of trading cryptocurrency is quite thrilling however, it can be time-consuming and overwhelming in the eyes of many trader. This is where Coinrule is able to help. Coinrule can be described as an automatic trading tool that can help traders stick to their cryptocurrency strategy without having to continuously monitor the markets. It is easy to use even for those without coding experience, and offers a variety of options to help you take you trading experience to next step.
Coinrule was founded in the year 2017 London by a team of cryptocurrency and blockchain enthusiasts. Its goal is at making trading cryptocurrency more efficient by providing an automated platform for trading that can integrate safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than the amount it had set for.
One of the main features of Coinrule is its easy to use automated trading. The market for cryptocurrency is very volatile and it is often difficult for traders to keep up with the ever-changing charts. Coinrule allows traders to 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 up to run on 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 which makes it simple for both new and experienced traders to choose an approach that is suitable for them. Furthermore, traders are able to pause rules at any time, and receive daily emails that contain trading signals that can help them adjust their strategies to market conditions.
Another great feature of Coinrule is its backtesting capabilities. Traders can test out their trading strategies based by using historical market data in TradingView. They can choose the cryptocurrency they will be trading as well as the timeframe they wish to trade, and the trading strategy to determine how many trades that the strategy opened and closed and also profits net, the percentage of profitability maximum drawdown, as well as the profit ratio. This can be an effective method to boost a trader’s confidence in the trading rules they create.
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 use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader with different options for traders of all levels. Prices vary from $0 through $499.99 per month. traders can choose to pay monthly or annually. The yearly plans offer discounts of up to 25%.
Overall, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest level. With features like automatic trading and built-in trading strategies as well as backtesting options, and the ability to support multiple trusted trading platforms, Coinrule can be a powerful tool that can help you make the most out of your trading strategy.