The world of cryptocurrency trading can be very exciting however, it can be time-consuming and overwhelming 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 stick to their cryptocurrency strategy without the need to constantly keep track of the market. It is easy to use, even for those without coding experience, and offers many options that will take trades to the next step.
Coinrule was founded in 2017 , in London by a group of blockchain and cryptocurrency enthusiasts. Its goal is to make trading in cryptocurrencies easier by offering an automated platform for trading that can integrate safely with several 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 key aspects of Coinrule is the easy-to-use automated trading system. The cryptocurrency markets can be highly volatile and it can be difficult for traders to keep track of the constantly changing charts. Coinrule allows traders to create trading rules, and then monitors the market and makes trades that fit into their strategy. This means that traders can set their cryptocurrency trading up to run on autopilot, and not look over charts for hours.
Coinrule also offers built-in trading strategies that traders can choose from. There are over 150 rules available which makes it simple for both new and experienced traders to choose an approach that is suitable for them. In addition, traders can stop rules at any time, and receive daily emails with trading signals which can assist them in adjusting their strategy to the market.
Another great aspect of Coinrule is its backtesting opportunities. Traders can test out their trading rules on historical market data using TradingView. They can choose the cryptocurrency they plan to trade as well as the timeframe they wish to trade as well as the strategy for trading, and then check how many trades were opened and closed and also profits net, percentage of profitability maximum drawdown, as well as profit percentage. This can be an effective tool for increasing a trader’s confidence in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to integrate Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader, offering different options to traders of all levels. Prices start at $0 and go up to $499.99 per month. traders have the option of paying monthly or annually. The annual plans can offer discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the next level. With features such as automatic trading and built-in trading strategies as well as backtesting options, and the ability to support multiple trusted trading platforms, Coinrule provides a reliable instrument that can aid you in making the most out of any trading plan.