The world of trading cryptocurrency can be very exciting, but it can also become time-consuming and stressful in the eyes of many trader. This is the point where Coinrule comes in. Coinrule can be described as an automatic trading tool that helps traders adhere to their cryptocurrency strategy without the need to constantly monitor the markets. It is easy to use even for those with no programming experience, and offers various options to boost your trading to the next level.
Coinrule was established in 2017 , in London by a group of blockchain and cryptocurrency enthusiasts. Its goal is to make trading in cryptocurrencies easier by offering an automated platform for trading that is able to integrate securely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over the amount it had set for.
One of the most important aspects of Coinrule is the user-friendly automated trading. The cryptocurrency markets can be very volatile and it can be difficult for traders to keep track of the constantly changing charts. Coinrule lets traders establish trading rules and then analyzes the market and then makes trades that fit into their strategy. This allows traders to set their cryptocurrency trading up to run on autopilot and not look over charts for hours.
Coinrule provides integrated trading strategies that traders can choose from. There are over 150 rules to choose from that make it simple for both experienced and novice traders to find a strategy that works for them. In addition, traders can stop rules at any time and will be sent daily emails with trading signals that can help them adjust their strategy according to the changing market.
Another excellent feature of Coinrule is the possibility of backtesting. The traders can test their trading strategies based on historical market data using TradingView. You can choose the currency they plan to trade as well as the timeframe they wish to trade as well as the strategy for trading to determine how many trades that the strategy opened and closed and also the net profit, percentage of profitability maximum drawdown, as well as profit factor. This can be a helpful method to boost a trader’s confidence in the trading rules they create.
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 provides four pricing levels, 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 have the option of paying each month or annually. The yearly plans offer discounts of up to percent.
In the end, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest level. With features like automated trading, built-in trading strategies with backtesting capabilities, as well as support for a variety of trusted trading platforms, Coinrule provides a reliable instrument that can help you make the most out of any trading plan.