The world of trading in cryptocurrency can be quite 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 trading tool that can help traders stick to their cryptocurrency strategy without having to continuously keep track of the market. It’s easy to use even for people with no programming knowledge, and provides many options to help you take your trading to the next step.
Coinrule was established in the year 2017 in London by a group of blockchain and cryptocurrency enthusiasts. The company’s mission is to make trading in cryptocurrencies easier by offering an automated platform for trading that is able to integrate securely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its target.
One of the main features of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be extremely volatile, and it can be challenging for investors to stay up with ever-changing charts. Coinrule allows traders to create trading rules, and then monitors the market and makes trades that fit into their plan of action. This allows traders to place their cryptocurrency trading up to run on autopilot and not have to spend hours poring over charts.
Coinrule has integrated trading strategies that traders can pick from. There are over 150 rules to choose from that make it simple for both experienced and novice traders to choose the best strategy for them. Furthermore, traders are able to pause rules at any time, and will be sent daily emails with signals for trading that can help them adjust their strategies to market conditions.
Another wonderful feature of Coinrule is its backtesting capabilities. Traders can test out their trading rules on historical market data using TradingView. They can select the coin they plan to trade as well as the timeframe they wish to trade as well as the strategy for trading and determine how many trades that the strategy opened and closed in addition to its net profits, the percentage of profitability, maximum drawdown, and profit factor. This can be a helpful method to boost a trader’s confidence 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. This means that traders can integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader offering different options to traders of all levels. Prices range from $0 to $499.99 per month, and traders are able to pay each month or annually. The yearly plans offer discounts of up to percent.
Overall, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest level. With features like automatic trading and built-in trading strategies, backtesting opportunities, and support for multiple trustworthy trading platforms, Coinrule is a robust tool that will help you make the most of your trading strategy.