The world of cryptocurrency trading can be very exciting However, it can be time-consuming and overwhelming in the eyes of many trader. This is where Coinrule is able to help. Coinrule can be described as an automatic trading tool that can help traders adhere to their cryptocurrency strategy without the need to constantly keep track of the market. It’s simple to use even for those with no programming knowledge, and provides a variety of features that can take your trading to the next level.
Coinrule was founded in 2017 , in London by a group of cryptocurrency and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrencies less tedious by providing an automated trading platform which can be integrated safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than the amount it had set for.
One of the main advantages of Coinrule is its easy to use automated trading. The cryptocurrency markets can be extremely volatile, and it is often hard for trader to keep up with ever-changing charts. Coinrule allows traders to set up trading rules and then examines the market and make trades that fit into their strategies. This means that traders are able to place their cryptocurrency trading to autopilot, and not look over charts for hours.
Coinrule has integrated trading strategies that traders can pick from. There are over 150 trading rules to pick from, making it easy for both experienced and novice traders to find the best strategy for them. Furthermore, traders are able to pause rules at any time and will be sent daily emails that contain trading signals which can assist them in adjusting their strategy to the market.
Another excellent characteristic of Coinrule is the possibility of backtesting. Traders can test out their trading rules by using historical market data in TradingView. They can select the coin they plan to trade and the time frame they want to use, and the trading strategy and see how many trades the strategy has opened and closed, as well as its net profits, the percentage of profitability maximum drawdown, as well as the profit ratio. This is a useful tool for increasing a trader’s confidence in their trading strategies they develop.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader, offering different options to traders at all levels. Prices start at $0 and go up through $499.99 per month. traders are able to pay either monthly or annually. Annual plans provide discounts of up to 25%.
Overall, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest possible level. With features such as automatic trading and built-in trading strategies, backtesting opportunities, and the ability to support multiple trusted exchanges, Coinrule can be a powerful tool that can assist you in making the most out of the trading strategies you employ.