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 where Coinrule comes in. Coinrule can be described as an automatic trading tool that can help traders stick to their crypto strategy without having to constantly be on the lookout for market trends. It’s easy to use even for those without coding expertise, and comes with a variety of features that can take trades to the highest step.
Coinrule was established in the year 2017 in London by a team of cryptocurrency and blockchain enthusiasts. The company aims at making trading cryptocurrency easier by offering an automated trading platform which can be integrated safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its goal.
One of the key aspects of Coinrule is the easy-to-use automated trading system. The cryptocurrency markets can be highly volatile and it is often hard for trader to keep track of the ever-changing charts. Coinrule lets traders set up trading rules and then examines the market and make trades that fit into their strategies. This allows traders to set their cryptocurrency trading on autopilot, and not go through charts for hours.
Coinrule also offers integrated trading strategies that investors can pick from. There are over 150 trading rules to pick from which makes it simple for both new and experienced traders to choose the best strategy for them. In addition, traders can stop rules at any time, and receive daily emails that contain trading signals which can assist them in adjusting their strategy according to the changing market.
Another wonderful feature of Coinrule is the possibility of backtesting. Traders can test out their trading strategies based on historical market data using TradingView. They can select the coin they will be trading, the desired time frame and trading strategy, and then check how many trades were opened and closed in addition to the net profit, the percentage of profitability maximum drawdown, as well as profit percentage. This is a useful method to boost a trader’s confidence in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader, offering different options to traders of all levels. Prices vary from $0 and up to $499.99 per month. traders can choose to pay monthly or annually. The annual plans can offer discounts up to 25%.
All in all, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the highest level. With features such as automated trading, built-in strategies for trading, backtesting opportunities, and the ability to support multiple trusted trading platforms, Coinrule provides a reliable instrument that can assist you in making the most out of your trading strategy.