The world of trading in cryptocurrency is quite thrilling, but it can also become time-consuming and stressful in the eyes of many trader. This is the point where Coinrule comes in. Coinrule can be described as an automatic trading tool that can help traders stick to their crypto strategy without the need to constantly monitor the markets. It is easy to use, even for people with no programming expertise, and comes with various features that can help you take trades to the highest step.
Coinrule was established in 2017 in London by a team of crypto and blockchain enthusiasts. The company aims to make trading in cryptocurrencies 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, greater than 200% over its goal.
One of the main features of Coinrule is its user-friendly automated trading. The market for cryptocurrency is extremely volatile, and it is often difficult for traders to keep up with the constantly changing charts. Coinrule lets traders establish trading rules and then analyzes the market and then makes trades that are compatible with their strategies. This means that traders can place their cryptocurrency trading up to run on autopilot and not have to go through charts for hours.
Coinrule provides built-in trading strategies that traders can select from. There are over 150 rules to choose from, making it easy for both experienced and novice traders to find the best strategy for them. In addition, traders can stop rules at any time and they will receive free daily emails with trading signals that can help them adjust their strategy according to the changing market.
Another wonderful characteristic of Coinrule is its backtesting capabilities. The traders can test their trading strategy with historical market data by using TradingView. They can choose the cryptocurrency they will be trading, the desired time frame and trading strategy, and then determine how many trades that the strategy opened and closed, as well as its net profits, percentage of profit, maximum drawdown, and profit percentage. This can be an effective method to boost the trust of traders in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Trader, and Pro, with a variety of options for traders at all levels. Prices vary from $0 through $499.99 per month, and traders have the option of paying either monthly or annually. The yearly plans offer discounts up to 25%.
All in all, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the next level. With features like automated trading, built-in trading strategies with backtesting capabilities, as well as support for a variety of trusted trading platforms, Coinrule is a robust tool that can assist you in making the most of any trading plan.