The world of cryptocurrency trading is quite thrilling However, it can become time-consuming and stressful in the eyes of many trader. This is where Coinrule comes in. Coinrule can be described as an automatic tool for trading that helps traders adhere to their cryptocurrency strategy without having to constantly keep track of the market. It’s simple to use even for those with no programming experience, and offers many options to boost you trading experience to next level.
Coinrule was founded in 2017 in London by a group of blockchain and cryptocurrency enthusiasts. Its goal is at making trading cryptocurrency more efficient by providing an automated trading platform that can integrate safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over its target.
One of the key features of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be extremely volatile, and it can be hard for trader to keep up with constantly changing charts. Coinrule allows traders to create trading rules, and then monitors the market and makes trades that are compatible with their strategy. This means that traders can set their cryptocurrency trading to autopilot and not look over charts for hours.
Coinrule provides built-in trading strategies that traders can select from. There are more than 150 rules available which makes it simple for both experienced and novice traders to choose the best strategy for them. Additionally, traders can pause rules at any time and they will receive free daily emails with signals for trading to help them adapt their strategy according to the changing market.
Another wonderful characteristic 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 plan to trade and the time frame they want to use, and the trading strategy to see how many trades the strategy opened and closed and also profits net, the percentage of profit as well as the maximum drawdown and the profit ratio. This can be a helpful tool for increasing confidence of traders in their trading strategies they develop.
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 these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Trader, and Pro, with a variety of options for traders at all levels. Prices start at $0 and go up to $499.99 per month, and traders have the option of paying each month or annually. Annual plans provide discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest level. With features such as automated trading, built-in strategies for trading as well as backtesting options, and support for multiple trustworthy exchanges, Coinrule can be a powerful tool that can help you make the most of the trading strategies you employ.