The world of trading in cryptocurrency is quite thrilling however, it can become time-consuming and stressful to many investors. This is the point 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 keep track of the market. It’s simple to use, even for those without coding experience, and offers a variety of options that will take you trading experience to next step.
Coinrule was established in the year 2017 in London by a group of cryptocurrency and blockchain enthusiasts. Its goal is at making trading cryptocurrencies less tedious by providing an automated trading platform which can be integrated safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above the amount it had set for.
One of the most important features of Coinrule is its easy to use automated trading. The cryptocurrency markets can be highly volatile and it can be hard for trader to keep up with ever-changing charts. Coinrule allows traders to create trading rules, and then monitors the market and makes trades that fit into their strategies. This allows traders to place their cryptocurrency trading to autopilot and not have to go through charts for hours.
Coinrule has integrated trading strategies that investors can select from. There are more than 150 rules available, making it easy for both novice and experienced traders to discover the best strategy for them. In addition, traders can stop rules at any time, and they will receive free daily emails with signals for trading which can assist them in adjusting their strategy according to the changing market.
Another excellent aspect of Coinrule is its backtesting capabilities. Traders can test out their trading strategy on historical market data using TradingView. They can choose the cryptocurrency they plan to trade and the time frame they want to use and trading strategy and see how many trades the strategy has opened and closed and also the net profit, percentage of profit, maximum drawdown, and the profit ratio. This can be an effective method to boost a trader’s confidence in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Pro, and Trader, with different options for traders at all levels. Prices vary from $0 and up to $499.99 per month. traders are able to pay monthly or annually. The annual plans can offer discounts of up to percent.
Overall, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest possible level. With features such as automated trading, built-in trading strategies as well as backtesting options, and the ability to support multiple trusted trading platforms, Coinrule can be a powerful instrument that can help you make the most of any trading plan.