The world of trading in cryptocurrency can be quite exciting however, it can be time-consuming and overwhelming in the eyes of many trader. 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 constantly monitor the markets. It is easy to use, even for those without coding knowledge, and provides many features that can take your trading to the next level.
Coinrule was established in the year 2017 London by a team of crypto and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrency more efficient by providing an automated trading platform which can be integrated safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above its target.
One of the most important aspects of Coinrule is the easy to use automated trading. The market for cryptocurrency is extremely volatile, and it is often 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 means that traders can put their cryptocurrency trading on autopilot, and not look over charts for hours.
Coinrule has integrated trading strategies that traders can pick from. There are more than 150 rules to choose from which makes it simple for both experienced and novice traders to discover an approach that is suitable for them. Additionally, traders can pause rules at any time, and receive daily emails with signals for trading to help them adapt their strategy to the market.
Another wonderful characteristic of Coinrule is its backtesting opportunities. Investors can test their trading rules by using historical market data in TradingView. They can choose the cryptocurrency they intend to trade as well as the timeframe they wish to trade and trading strategy to see how many trades the strategy opened and closed, as well as profits net, the percentage of profit, maximum drawdown, and the profit ratio. This is a useful tool for increasing a trader’s confidence in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can use Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader offering different options to traders of all levels. Prices range from $0 to $499.99 per month. traders have the option of paying each month or annually. The annual plans can offer discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the next level. With features such as automatic trading and built-in strategies for trading as well as backtesting options, and support for multiple trustworthy cryptocurrency exchanges Coinrule provides a reliable tool that will aid you in making the most out of any trading plan.