The world of trading in cryptocurrency can be very exciting However, it can become time-consuming and stressful in the eyes of many trader. This is where Coinrule comes in. Coinrule can be described as an automatic trading tool that can help traders stick to their crypto strategy without the need to constantly monitor the markets. It’s simple to use, even for those with no programming expertise, and comes with many features that can help you take you trading experience to next level.
Coinrule was established in 2017 in London by a group of cryptocurrency and blockchain enthusiasts. The company aims at making trading cryptocurrencies easier by offering an automated trading platform which can be integrated safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over the amount it had set for.
One of the most important aspects of Coinrule is the 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 set up trading rules and then monitors the market and makes trades that match their strategies. This allows traders to place their cryptocurrency trading to autopilot, and not look over charts for hours.
Coinrule also offers integrated trading strategies that investors can choose from. There are over 150 rules to choose from that make it simple for both experienced and novice traders to discover a strategy that works for them. In addition, traders can stop rules at any point, and will be sent daily emails with trading signals that can help them adjust their strategy to the market.
Another excellent aspect of Coinrule is the possibility of backtesting. Traders can test out their trading strategy with historical market data by using TradingView. You can choose the currency they intend to trade and the time frame they want to use, and the trading strategy, and then see how many trades the strategy has opened and closed and also the net profit, the percentage of profit, maximum drawdown, and profit percentage. This is a useful tool for increasing the trust of traders in their trading strategies they develop.
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 use Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Trader, and Pro, with a variety of options for traders at all levels. Prices range from $0 and up to $499.99 per month. traders are able to pay monthly or annually. Annual plans provide discounts up to 25%.
In the end, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest level. With features like automated trading, built-in trading strategies as well as backtesting options, and the ability to support multiple trusted exchanges, Coinrule is a robust tool that will assist you in making the most of the trading strategies you employ.