The world of cryptocurrency trading can be quite exciting however, it can become time-consuming and stressful for many traders. This is where Coinrule comes in. Coinrule can be described as an automatic trading tool that helps traders stick to their crypto 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 many options to take your trading to the highest step.
Coinrule was established in the year 2017 , in London by a group of blockchain and cryptocurrency enthusiasts. The company aims to make trading in cryptocurrency easier by offering an automated platform for trading which can be integrated safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over its target.
One of the key features of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be very volatile and it is often hard for trader to keep up with the constantly changing charts. Coinrule lets traders set up trading rules and then analyzes the market and then makes trades that are compatible with their strategy. This allows traders to set their cryptocurrency trading to autopilot, and not look over charts for hours.
Coinrule also offers built-in trading strategies that traders can select from. There are over 150 rules available which makes it simple for both novice and experienced traders to discover an approach that is suitable for them. Furthermore, traders are able to pause rules at any time and receive daily emails with signals for trading that can help them adjust their strategies to market conditions.
Another wonderful aspect of Coinrule is the possibility of backtesting. Traders can test out their trading strategy on historical market data using TradingView. They can select the coin they plan to trade, the desired time frame and trading strategy and check how many trades the strategy has opened and closed, as well as profits net, the percentage of profitability as well as the maximum drawdown and profit factor. This is a useful tool for increasing confidence of traders in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can integrate Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Trader, and Pro, with different options for traders at all levels. Prices vary from $0 and up to $499.99 per month, and traders have the option of paying each month or annually. The annual plans can offer discounts of up to percent.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the highest level. With features such as automated trading, built-in strategies for trading, backtesting opportunities, and the ability to support multiple trusted exchanges, Coinrule is a robust instrument that can assist you in making the most out of any trading plan.