The world of trading in cryptocurrency is quite thrilling however, it can be time-consuming and overwhelming in the eyes of many trader. This is where Coinrule comes in. Coinrule provides an efficient tool for trading that helps traders stick to their crypto strategy without having to constantly keep track of the market. It’s easy to use, even for those with no programming knowledge, and provides many options that will help you take trades to the highest level.
Coinrule was established in the year 2017 in London by a group of blockchain and cryptocurrency enthusiasts. The company aims at making trading cryptocurrencies less tedious by providing an automated trading platform 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 aspects of Coinrule is the easy-to-use automated trading system. The market for cryptocurrency is very volatile and it can be hard for trader to keep up with the constantly changing charts. Coinrule allows traders to create trading rules, and then monitors the market and makes trades that match their strategy. This means that traders can put their cryptocurrency trading on autopilot and not look over charts for hours.
Coinrule has built-in trading strategies that traders can select from. There are more than 150 trading rules to pick from, making it easy for both novice and experienced traders to choose a strategy that works for them. Furthermore, traders are able to pause rules at any point, and they will receive free daily emails with trading signals to help them adapt their strategy to the market.
Another excellent characteristic of Coinrule is the possibility of backtesting. Traders can test out their trading rules by using historical market data in TradingView. They can select the coin they will be trading, the desired time frame, and the trading strategy, and then check how many trades the strategy opened and closed, as well as the net profit, the percentage of profitability as well as the maximum drawdown and profit percentage. This can be an effective tool for increasing the trust of traders in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader offering different options to traders of all levels. Prices vary from $0 through $499.99 per month. traders have the option of paying each month or annually. The annual plans can offer discounts of up to 25 percent.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest possible level. With features like automatic trading and built-in strategies for trading with backtesting capabilities, as well as the ability to support multiple trusted cryptocurrency exchanges Coinrule provides a reliable tool that can assist you in making the most out of any trading plan.