The world of cryptocurrency trading can be very exciting, but it can also become time-consuming and stressful to many investors. This is the point where Coinrule comes in. Coinrule can be described as an automatic tool for trading that helps traders stick to their cryptocurrency strategy without having to continuously keep track of the market. It’s easy to use even for people with no programming expertise, and comes with various options that will boost your trading to the next step.
Coinrule was founded in 2017 , in London by a group of blockchain and cryptocurrency enthusiasts. The company’s mission is to make trading in cryptocurrency less tedious by providing an automated trading platform that is able to integrate securely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over its goal.
One of the key aspects of Coinrule is the easy to use automated trading. The market for cryptocurrency is highly volatile and it is often hard for trader to keep track of the ever-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 are able to set their cryptocurrency trading on autopilot and not spend hours poring over charts.
Coinrule provides built-in trading strategies that traders can choose from. There are over 150 rules to choose from which makes it simple for both new and experienced traders to choose a strategy that works for them. Additionally, traders can pause rules at any time and receive daily emails that contain trading signals that can help them adjust their strategy according to the changing market.
Another excellent characteristic of Coinrule is the possibility of backtesting. The traders can test their trading strategy with historical market data by using TradingView. They can choose the cryptocurrency they plan to trade as well as the timeframe they wish to trade as well as the strategy for trading, and then check how many trades the strategy has opened and closed, as well as its net profits, the percentage of profitability, maximum drawdown, and the profit ratio. This is a useful method to boost a trader’s confidence in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Trader, and Pro, with a variety of options for traders of all levels. Prices range from $0 to $499.99 per month. traders have the option of paying each month or annually. The yearly plans offer discounts of up to 25%.
All in all, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the next level. With features like automated trading, built-in strategies for trading, backtesting opportunities, and support for multiple trustworthy cryptocurrency exchanges Coinrule is a robust tool that can assist you in making the most of any trading plan.