The world of cryptocurrency trading can be very exciting however, it can become time-consuming and stressful in the eyes of many trader. This is the point where Coinrule is able to help. Coinrule provides an efficient 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 those with no programming knowledge, and provides various options to help you take you trading experience to next level.
Coinrule was established in the year the year 2017 London by a team of cryptocurrency and blockchain enthusiasts. The company aims to make trading in cryptocurrency easier by offering an automated trading platform which can be integrated safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over the amount it had set for.
One of the main aspects of Coinrule is the easy-to-use automated trading system. The markets for cryptocurrency can be highly volatile and it can be hard for trader to keep up with the ever-changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that are compatible with their plan of action. This allows traders to place their cryptocurrency trading to autopilot and not have to look over charts for hours.
Coinrule also offers integrated trading strategies that investors can pick from. There are more than 150 rules to choose from which makes it simple for both new and experienced traders to find a strategy that works for them. Additionally, traders can pause rules at any point, and receive daily emails with signals for trading to help them adapt their strategies to market conditions.
Another excellent feature of Coinrule is the possibility of backtesting. Traders can test out their trading rules on historical market data using TradingView. They can choose the cryptocurrency they will be trading, the desired time frame, and the trading strategy, and then see how many trades were opened and closed and also the net profit, the percentage of profit maximum drawdown, as well as profit percentage. This can be a helpful instrument to increase a trader’s confidence in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to use Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Trader, and Pro, offering different options to traders of all levels. Prices range from $0 to $499.99 per month. traders are able to pay either monthly or annually. Annual plans provide discounts up to 25%.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the next level. With features such as automatic trading and built-in trading strategies, backtesting opportunities, and support for a variety of trusted exchanges, Coinrule can be a powerful tool that will aid you in making the most out of any trading plan.