The world of cryptocurrency trading can be quite exciting however, it can become time-consuming and stressful in the eyes of many trader. 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 crypto strategy without having to continuously keep track of the market. It’s easy to use, even for those without coding expertise, and comes with various options to help you take trades to the highest step.
Coinrule was established in the year the year 2017 London by a team of crypto and blockchain enthusiasts. Its goal is to make trading in cryptocurrency more efficient by providing an automated trading platform that can integrate safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its goal.
One of the most important features of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be very volatile and it is often challenging for investors to stay up with the constantly changing charts. Coinrule allows traders to set up trading rules and then examines the market and make trades that match their plan of action. This means that traders are able to set their cryptocurrency trading up to run on autopilot and not go through charts for hours.
Coinrule has integrated trading strategies that traders can select from. There are more than 150 rules to choose from, making it easy for both experienced and novice traders to find the best strategy for them. Furthermore, traders are able to pause rules at any time and they will receive free daily emails that contain trading signals to help them adapt their strategy according to the changing market.
Another excellent feature of Coinrule is the possibility of backtesting. Traders can test out their trading rules with historical market data by using TradingView. They can choose the cryptocurrency they plan to trade as well as the timeframe they wish to trade, and the trading strategy to check how many trades were opened and closed and also its net profits, percentage of profitability maximum drawdown, as well as profit factor. This is a useful method to boost a trader’s confidence 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 any of these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Pro, and Trader, offering different options to traders of all levels. Prices range from $0 through $499.99 per month. traders can choose to pay either monthly or annually. The yearly plans offer discounts of up to percent.
All in all, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest possible level. With features like automatized trading, integrated strategies for trading as well as backtesting options, and the ability to support multiple trusted exchanges, Coinrule is a robust instrument that can help you make the most of any trading plan.