The world of trading cryptocurrency is quite thrilling however, it can become time-consuming and stressful in the eyes of many trader. This is where Coinrule is able to help. Coinrule can be described as an automatic trading tool that helps traders adhere to their cryptocurrency strategy without the need to constantly monitor the markets. It’s easy to use even for people with no programming experience, and offers many features that can help you take trades to the highest step.
Coinrule was established in the year 2017 , in London by a team of crypto and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrency easier by offering an automated trading platform that can integrate safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above its goal.
One of the main aspects of Coinrule is the easy to use automated trading. The markets for cryptocurrency can be highly volatile and it can be challenging for investors to stay up with the constantly changing charts. Coinrule lets traders create trading rules, and then monitors the market and makes trades that fit into their plan of action. This allows traders to put their cryptocurrency trading to autopilot and not have to go through charts for hours.
Coinrule has integrated trading strategies that traders can pick from. There are more than 150 rules available which makes it simple for both new and experienced traders to choose the best strategy for them. Furthermore, traders are able to pause rules at any time, and receive daily emails with signals for trading that can help them adjust their strategy according to the changing market.
Another excellent characteristic of Coinrule is its backtesting capabilities. The traders can test their trading strategies based by using historical market data in TradingView. They can select the coin they will be trading as well as the timeframe they wish to trade, and the trading strategy to check how many trades were opened and closed and also profits net, the percentage of profitability, maximum drawdown, and the profit ratio. This is a useful instrument to increase the trust of traders in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Trader, and Pro, with a variety of options for traders of all levels. Prices vary from $0 and up to $499.99 per month. traders are able to pay each month or annually. The annual plans can offer discounts up to 25%.
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 such as automated trading, built-in strategies for trading with backtesting capabilities, as well as support for a variety of trusted trading platforms, Coinrule provides a reliable instrument that can assist you in making the most of the trading strategies you employ.