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 can be described as an automatic trading tool that can help traders adhere to their cryptocurrency strategy without the need to constantly keep track of the market. It’s easy to use, even for those with no programming experience, and offers many options to boost you trading experience to highest step.
Coinrule was established in the year 2017 , in London by a team of crypto and blockchain enthusiasts. Its goal is to make trading in cryptocurrencies less tedious by providing an automated platform for trading that is able to integrate securely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than the amount it had set for.
One of the key aspects of Coinrule is the easy to use automated trading. The markets for cryptocurrency can be extremely volatile, and it is often challenging for investors to stay track of the constantly changing charts. Coinrule allows traders to establish trading rules and then examines the market and make trades that fit into their strategies. This means that traders can place their cryptocurrency trading on autopilot and not have to go through charts for hours.
Coinrule has integrated trading strategies that traders can select from. There are over 150 rules to choose from which makes it simple for both new and experienced traders to discover a strategy that works for them. Additionally, traders can pause rules at any time, and they will receive free daily emails with trading signals which can assist them in adjusting their strategy to the market.
Another great characteristic of Coinrule is its backtesting capabilities. The traders can test their trading rules with historical market data by using TradingView. They can select the coin they will be trading, the desired time frame and trading strategy, and then check how many trades the strategy opened and closed and also the net profit, percentage of profit, maximum drawdown, and the profit ratio. This is a useful method to boost confidence of traders in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can use Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Pro, and Trader with a variety of options for traders of all levels. Prices vary from $0 to $499.99 per month. traders can choose to pay either monthly or annually. The yearly plans offer discounts of up to 25 percent.
Overall, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the next 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 provides a reliable instrument that can help you make the most of your trading strategy.