The world of cryptocurrency trading can be very exciting However, it can become time-consuming and stressful for many traders. 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 constantly be on the lookout for market trends. It is easy to use, even for people with no programming knowledge, and provides various options that will help you take you trading experience to highest level.
Coinrule was established in the year 2017 London by a group of crypto and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrencies less tedious by providing an automated trading platform that is able to integrate securely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its target.
One of the most important features of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be very volatile and it can be difficult for traders to keep up with ever-changing charts. Coinrule allows traders to establish trading rules and then monitors the market and makes trades that are compatible with their plan of action. This means that traders are able to put their cryptocurrency trading on autopilot and not look over charts for hours.
Coinrule also offers built-in trading strategies that traders can select from. There are over 150 rules available that make it simple for both new and experienced traders to discover the best strategy for them. Additionally, traders can pause rules at any point, and they will receive free daily emails with trading signals which can assist them in adjusting their strategies to market conditions.
Another great aspect of Coinrule is its backtesting capabilities. Investors can test their trading strategy on historical market data using TradingView. You can choose the currency they will be trading, the desired time frame and trading strategy and check how many trades were opened and closed and also its net profits, the percentage of profitability maximum drawdown, as well as profit factor. This can be a helpful method to boost a trader’s confidence in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Trader, and Pro, offering different options to traders at all levels. Prices range from $0 and up to $499.99 per month. traders can choose to pay each month or annually. The annual plans can offer discounts of up to 25%.
In the end, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the highest level. With features such as automatic trading and built-in strategies for trading as well as backtesting options, and the ability to support multiple trusted trading platforms, Coinrule can be a powerful tool that can aid you in making the most of any trading plan.