The world of trading in cryptocurrency can be very exciting However, it can be time-consuming and overwhelming for many traders. This is the point where Coinrule comes in. Coinrule can be described as an automatic trading tool that can help traders adhere to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It’s simple to use, even for people with no programming knowledge, and provides various features that can boost you trading experience to highest level.
Coinrule was established in 2017 in London by a group of crypto and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrencies less tedious by providing 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, more than 200% above the amount it had set for.
One of the main aspects of Coinrule is the easy-to-use automated trading system. The markets for cryptocurrency can be very volatile and it can be challenging for investors to stay up with the constantly changing charts. Coinrule allows traders to establish trading rules and then monitors the market and makes trades that fit into their plan of action. This means that traders can set their cryptocurrency trading on autopilot, and not look over charts for hours.
Coinrule also offers built-in trading strategies that traders can select 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. In addition, traders can stop rules at any time, and they will receive free daily emails that contain trading signals that can help them adjust their strategy to the market.
Another great characteristic of Coinrule is its backtesting capabilities. The traders can test their trading strategy with historical market data by using TradingView. They can select the coin they plan to trade as well as the timeframe they wish to trade, and the trading strategy and see how many trades were opened and closed in addition to its net profits, percentage of profitability maximum drawdown, as well as profit percentage. This can be a helpful method to boost the trust 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. So, traders are able to connect 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 range from $0 to $499.99 per month, and traders can choose to pay monthly or annually. The annual plans can offer discounts of up to 25%.
In the end, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest possible level. With features like automated trading, built-in strategies for trading, backtesting opportunities, and support for multiple trustworthy trading platforms, Coinrule is a robust tool that will help you make the most out of any trading plan.