The world of cryptocurrency trading can be very exciting however, it can become time-consuming and stressful to many investors. This is where Coinrule comes in. Coinrule can be described as an automatic trading tool that can help traders stick to their crypto strategy without having to continuously monitor the markets. It’s simple to use, even for people with no programming knowledge, and provides a variety of options that will help you take your trading to the highest level.
Coinrule was founded in 2017 , in London by a team of cryptocurrency and blockchain enthusiasts. Its goal is to make trading in cryptocurrencies easier by offering an automated platform for trading that can integrate safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above the amount it had set for.
One of the main features of Coinrule is its easy to use automated trading. The cryptocurrency markets can be extremely volatile, and it can be challenging for investors to stay up with the ever-changing charts. Coinrule allows traders to set up trading rules and then examines the market and make trades that are compatible with their plan of action. This means that traders are able to set their cryptocurrency trading to autopilot, and not spend hours poring over charts.
Coinrule also offers built-in trading strategies that traders can choose from. There are over 150 trading rules to pick from, making it easy for both new and experienced traders to discover an approach that is suitable for them. Additionally, traders can pause rules at any point, and will be sent daily emails with signals for trading to help them adapt their strategy to the market.
Another great feature of Coinrule is its backtesting opportunities. Traders can test out their trading strategies based on historical market data using TradingView. You can choose the currency they will be trading as well as the timeframe they wish to trade and trading strategy, and then determine how many trades that were opened and closed in addition to profits net, the percentage of profit maximum drawdown, as well as profit factor. This can be a helpful instrument to increase a trader’s confidence in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to use Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Pro, and Trader, with a variety of options for traders at all levels. Prices start at $0 and go up and up to $499.99 per month. traders are able to pay monthly or annually. Annual plans provide discounts of up to percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the highest level. With features like automatized trading, integrated trading strategies with backtesting capabilities, as well as the ability to support multiple trusted cryptocurrency exchanges Coinrule can be a powerful tool that will aid you in making the most of any trading plan.