The world of trading in cryptocurrency can be very exciting, but it can also become time-consuming and stressful for many traders. This is the point where Coinrule is able to help. Coinrule provides an efficient trading tool that helps traders stick to their cryptocurrency strategy without having to constantly monitor the markets. It’s simple to use, even for people with no programming experience, and offers many features that can boost you trading experience to next level.
Coinrule was established in the year 2017 , in London by a group of crypto and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrency more efficient by providing an automated platform for trading that can integrate safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than its target.
One of the most important features of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be highly volatile and it is often difficult for traders to keep track of the ever-changing charts. Coinrule lets traders set up trading rules and then analyzes the market and then makes trades that fit into their plan of action. This means that traders can place their cryptocurrency trading on autopilot and not have to spend hours poring over charts.
Coinrule provides built-in trading strategies that traders can choose from. There are more than 150 trading rules to pick from, making it easy for both experienced and novice traders to find an approach that is suitable for them. Furthermore, traders are able to pause rules at any time, and they will receive free daily emails with signals for trading that can help them adjust their strategy to the market.
Another wonderful feature of Coinrule is the possibility of backtesting. The traders can test their trading strategy on historical market data using TradingView. They can select the coin they will be trading as well as the timeframe they wish to trade as well as the strategy for trading, and then see how many trades the strategy has opened and closed and also its net profits, the percentage of profit maximum drawdown, as well as the profit ratio. This can be a helpful tool for increasing the trust of traders 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 any of these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Trader, and Pro, offering different options to traders of all levels. Prices start at $0 and go up to $499.99 per month, and traders have the option of paying monthly or annually. The yearly plans offer discounts up to 25 percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the next level. With features like automatic trading and built-in strategies for trading, backtesting opportunities, and support for a variety of trusted exchanges, Coinrule provides a reliable tool that will assist you in making the most of any trading plan.