The world of trading in cryptocurrency 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 tool for trading that helps traders stick to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It is easy to use even for those without coding expertise, and comes with a variety of options to take you trading experience to next level.
Coinrule was founded in 2017 in London by a team of crypto and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrency more efficient by providing an automated trading platform that can integrate safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its goal.
One of the most important aspects of Coinrule is the user-friendly automated trading. The markets for cryptocurrency can be extremely volatile, and it can be challenging for investors to stay track of the constantly changing charts. Coinrule lets traders set up trading rules and then examines the market and make trades that match their strategies. This means that traders can put their cryptocurrency trading to autopilot and not have to go through charts for hours.
Coinrule has integrated trading strategies that investors can select from. There are more than 150 trading rules to pick from which makes it simple for both new and experienced traders to find an approach that is suitable for them. Furthermore, traders are able to pause rules at any time and they will receive free daily emails that contain trading signals to help them adapt their strategy according to the changing market.
Another wonderful feature of Coinrule is its backtesting opportunities. Traders can test out their trading strategies based by using historical market data in TradingView. You can choose the currency they will be trading as well as the timeframe they wish to trade as well as the strategy for trading and determine how many trades that were opened and closed, as well as the net profit, percentage of profit as well as the maximum drawdown and profit percentage. This is a useful tool for increasing confidence of traders in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader, with different options for traders of all levels. Prices range from $0 to $499.99 per month, and traders have the option of paying monthly or annually. Annual plans provide discounts up to 25 percent.
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 strategies for trading, backtesting opportunities, and support for multiple trustworthy cryptocurrency exchanges Coinrule provides a reliable tool that can help you make the most out of your trading strategy.