The world of cryptocurrency trading is quite thrilling, but it can also become time-consuming and stressful in the eyes of many trader. This is where Coinrule comes in. Coinrule provides an efficient trading tool that can help traders stick to their crypto strategy without having to constantly be on the lookout for market trends. It is easy to use even for those without coding knowledge, and provides various options that will boost your trading to the next step.
Coinrule was founded in 2017 in London by a group of crypto and blockchain enthusiasts. The company aims to make trading in cryptocurrencies easier by offering an automated platform for trading that can integrate safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than the amount it had set for.
One of the key features of Coinrule is its easy to use automated trading. The cryptocurrency markets can be very volatile and it is often difficult for traders to keep up with ever-changing charts. Coinrule allows traders to establish trading rules and then examines the market and make trades that fit into their plan of action. This allows traders to set their cryptocurrency trading on autopilot and not have to look over charts for hours.
Coinrule provides built-in trading strategies that traders can pick from. There are over 150 rules to choose from, making it easy for both novice and experienced traders to find a strategy that works for them. Furthermore, traders are able to pause rules at any time, and they will receive free daily emails with signals for trading which can assist them in adjusting their strategy to the market.
Another great characteristic of Coinrule is its backtesting capabilities. Traders can test out their trading strategies based on historical market data using TradingView. They can choose the cryptocurrency they plan to trade as well as the timeframe they wish to trade, and the trading strategy, and then check how many trades were opened and closed, as well as the net profit, the percentage of profit as well as the maximum drawdown and profit percentage. This can be an effective instrument to increase a trader’s confidence in their trading strategies they develop.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader offering different options to traders of all levels. Prices vary from $0 to $499.99 per month, and traders have the option of paying either monthly or annually. The yearly plans offer discounts of up to 25%.
In the end, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the next level. With features such as automatic trading and built-in strategies for trading, backtesting opportunities, and the ability to support multiple trusted trading platforms, Coinrule provides a reliable tool that will help you make the most out of the trading strategies you employ.