The world of trading in cryptocurrency can be very exciting, but it can also become time-consuming and stressful in the eyes of many trader. This is where Coinrule comes in. Coinrule can be described as an automatic tool for trading that helps traders stick to their crypto strategy without having to continuously be on the lookout for market trends. It’s simple to use, even for those without coding knowledge, and provides a variety of options to boost trades to the highest step.
Coinrule was established in 2017 , in London by a team of cryptocurrency and blockchain enthusiasts. Its goal is to make trading in cryptocurrency easier by offering an automated trading platform that is able to integrate securely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above the amount it had set for.
One of the most important features of Coinrule is its easy to use automated trading. The cryptocurrency markets can be extremely volatile, and it is often challenging for investors to stay up with the constantly changing charts. Coinrule allows traders to establish trading rules and then examines the market and make trades that are compatible with their plan of action. This allows traders to set their cryptocurrency trading up to run on autopilot and not spend hours poring over charts.
Coinrule has integrated trading strategies that investors can choose from. There are over 150 rules available, making it easy for both new and experienced traders to discover the best strategy for them. In addition, traders can stop rules at any point, and they will receive free daily emails with signals for trading that can help them adjust their strategy to the market.
Another wonderful aspect of Coinrule is the possibility of backtesting. The traders can test their trading strategies based with historical market data by using TradingView. They can choose the cryptocurrency they intend to trade, the desired time frame, and the trading strategy and check how many trades the strategy opened and closed in addition to its net profits, the percentage of profit as well as the maximum drawdown and profit factor. This can be a helpful instrument to increase confidence of traders 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. This means that traders can integrate Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader with a variety of options for traders at all levels. Prices start at $0 and go up through $499.99 per month. traders can choose to pay either monthly or annually. The yearly plans offer discounts up to 25 percent.
All in all, 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 automatic trading and built-in strategies for trading, backtesting opportunities, and the ability to support multiple trusted trading platforms, Coinrule can be a powerful tool that will assist you in making the most of any trading plan.