The world of trading cryptocurrency can be very exciting, but it can also be time-consuming and overwhelming to many investors. This is where Coinrule comes in. Coinrule can be described as an automatic tool for trading that helps traders stick to their cryptocurrency strategy without having to constantly monitor the markets. It’s easy to use, even for those without coding experience, and offers many options to boost you trading experience to next level.
Coinrule was established in the year 2017 in London by a group of crypto and blockchain enthusiasts. The company aims at making trading cryptocurrency less tedious by providing an automated trading platform which can be integrated safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its target.
One of the key features of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be highly volatile and it is often difficult for traders to keep up with the constantly changing charts. Coinrule allows traders to create trading rules, and then analyzes the market and then makes trades that are compatible with their strategies. This means that traders are able to set their cryptocurrency trading on autopilot and not have to look over charts for hours.
Coinrule has integrated trading strategies that traders can pick from. There are more than 150 rules to choose from that make it simple for both experienced and novice traders to find a strategy that works for them. In addition, traders can stop rules at any time, and receive daily emails with signals for trading that can help them adjust their strategies to market conditions.
Another excellent aspect of Coinrule is the possibility of backtesting. The traders can test their trading strategies based with historical market data by using TradingView. They can choose the cryptocurrency they intend to trade, the desired time frame and trading strategy to determine how many trades that were opened and closed in addition to its net profits, the percentage of profitability, maximum drawdown, and the profit ratio. This can be an effective tool for increasing the trust of traders in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader, offering different options to traders of all levels. Prices vary from $0 and up to $499.99 per month, and traders can choose to pay monthly or annually. The annual plans can offer discounts of up to%.
All in all, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest level. With features like automatized trading, integrated trading strategies as well as backtesting options, and support for a variety of trusted trading platforms, Coinrule provides a reliable instrument that can assist you in making the most of any trading plan.