The world of cryptocurrency trading can be quite exciting However, it can become time-consuming and stressful for many traders. This is the point where Coinrule is able to help. Coinrule can be described as an automatic tool for trading that helps traders adhere to their cryptocurrency strategy without the need to constantly keep track of the market. It’s simple to use even for people with no programming knowledge, and provides many features that can boost your trading to the next step.
Coinrule was established in 2017 in London by a group of crypto and blockchain enthusiasts. Its goal is at making trading cryptocurrency 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) through Seedrs, greater than 200% over its goal.
One of the most important features of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be very volatile and it can be hard for trader to keep up with ever-changing charts. Coinrule lets traders create trading rules, and then monitors the market and makes trades that are compatible with their strategy. This allows traders to set their cryptocurrency trading to autopilot, and not spend hours poring over charts.
Coinrule provides integrated trading strategies that traders can choose from. There are more than 150 rules available which makes it simple for both new and experienced traders to choose the best strategy for them. In addition, traders can stop rules at any time and receive daily emails with trading signals that can help them adjust their strategies to market conditions.
Another excellent aspect of Coinrule is its backtesting capabilities. Traders can test out their trading strategy with historical market data by using TradingView. They can choose the cryptocurrency they plan to trade and the time frame they want to use, and the trading strategy, and then check how many trades were opened and closed in addition to profits net, percentage of profitability as well as the maximum drawdown and the profit ratio. This is a useful method to boost the trust of traders in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Trader, and Pro, with different options for traders of all levels. Prices vary from $0 to $499.99 per month, and traders have the option of paying either monthly or annually. The annual plans can offer discounts up to 25 percent.
Overall, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest level. With features like automated trading, built-in strategies for trading, backtesting opportunities, and the ability to support multiple trusted exchanges, Coinrule can be a powerful tool that will help you make the most of any trading plan.