The world of trading in cryptocurrency is quite thrilling however, it can be time-consuming and overwhelming 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 keep track of the market. It is easy to use even for those without coding experience, and offers many features that can boost your trading to the next level.
Coinrule was established 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 trading platform that can integrate safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its goal.
One of the key features of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be highly volatile and it can be difficult for traders to keep track of the ever-changing charts. Coinrule allows traders to establish trading rules and then examines the market and make trades that match their strategy. This means that traders can put their cryptocurrency trading up to run on autopilot and not spend hours poring over charts.
Coinrule has integrated trading strategies that traders can choose from. There are over 150 trading rules to pick from that make it simple for both new and experienced traders to find an approach that is suitable for them. In addition, traders can stop rules at any time and will be sent daily emails that contain trading signals that can help them adjust their strategy according to the changing market.
Another excellent aspect of Coinrule is its backtesting capabilities. Investors can test their trading strategies based on historical market data using TradingView. They can choose the cryptocurrency they plan to trade, the desired time frame as well as the strategy for trading, and then check how many trades the strategy has opened and closed in addition to its net profits, percentage of profitability as well as the maximum drawdown and profit percentage. This is a useful method to boost a trader’s confidence in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges like 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 that include Starter, Hobbyist Trader, and Pro, with a variety of options for traders at all levels. Prices vary from $0 through $499.99 per month. traders can choose to pay monthly or annually. The yearly plans offer discounts of up to%.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest possible level. With features such as automated trading, built-in trading strategies, backtesting opportunities, and the ability to support multiple trusted exchanges, Coinrule is a robust tool that can assist you in making the most out of your trading strategy.