The world of cryptocurrency trading can be very exciting, but it can also become time-consuming and stressful to many investors. This is the point where Coinrule is able to help. Coinrule can be described as an automatic trading tool that helps traders adhere to their cryptocurrency strategy without having to continuously keep track of the market. It’s easy to use, even for people with no programming experience, and offers various options to help you take your trading to the highest level.
Coinrule was founded in 2017 , in London by a group of cryptocurrency and blockchain enthusiasts. The company’s mission is at making trading cryptocurrency less tedious by providing an automated trading platform that is able to integrate securely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its target.
One of the key features of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be highly volatile and it can be difficult for traders to keep up with the constantly changing charts. Coinrule allows traders to establish trading rules and then examines the market and make trades that fit into their plan of action. This allows traders to set their cryptocurrency trading on autopilot and not spend hours poring over charts.
Coinrule provides built-in trading strategies that traders can select from. There are more than 150 rules available which makes it simple for both novice and experienced traders to choose an approach that is suitable for them. In addition, traders can stop rules at any point, and they will receive free daily emails with signals for trading to help them adapt their strategy according to the changing market.
Another wonderful feature of Coinrule is the possibility of backtesting. Traders can test out their trading strategies based with historical market data by using TradingView. They can select the coin they plan to trade and the time frame they want to use and trading strategy and determine how many trades that were opened and closed in addition to profits net, percentage of profitability, maximum drawdown, and profit factor. This can be a helpful instrument to increase confidence of traders in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Trader, and Pro, with a variety of options for traders at all levels. Prices range from $0 through $499.99 per month, and traders are able to pay either monthly or annually. The yearly plans offer discounts up to 25 percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest level. With features like automatic trading and built-in strategies for trading as well as backtesting options, and support for a variety of trusted cryptocurrency exchanges Coinrule is a robust instrument that can assist you in making the most out of any trading plan.