The world of cryptocurrency trading can be very exciting however, it can become time-consuming and stressful to many investors. This is the point where Coinrule is able to help. Coinrule can be described as an automatic trading tool that can help traders stick to their crypto strategy without having to continuously keep track of the market. It’s easy to use, even for people with no programming expertise, and comes with a variety of features that can take you trading experience to highest step.
Coinrule was founded in the year 2017 London by a group of cryptocurrency and blockchain enthusiasts. Its goal is to make trading in cryptocurrencies more efficient by providing an automated platform for trading that is able to integrate securely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over the amount it had set for.
One of the key aspects of Coinrule is the easy to use automated trading. The market for cryptocurrency is very volatile and it is often hard for trader to keep up with ever-changing charts. Coinrule lets traders establish trading rules and then analyzes the market and then makes trades that match their strategies. This means that traders are able to place their cryptocurrency trading on autopilot and not have to look over charts for hours.
Coinrule provides integrated trading strategies that investors can select from. There are over 150 rules available that make it simple for both new and experienced traders to discover a strategy that works for them. In addition, traders can stop rules at any time, and will be sent daily emails with trading signals to help them adapt their strategies to market conditions.
Another excellent characteristic of Coinrule is its backtesting opportunities. Traders can test out their trading strategy with historical market data by using TradingView. They can choose the cryptocurrency they intend to trade, the desired time frame as well as the strategy for trading, and then see how many trades were opened and closed in addition to the net profit, the percentage of profitability maximum drawdown, as well as the profit ratio. This can be an effective tool for increasing the trust of traders in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to use Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Trader, and Pro, offering different options to traders at all levels. Prices vary from $0 to $499.99 per month, and traders are able to pay each month or annually. The yearly plans offer discounts up to 25 percent.
In the end, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest possible level. With features like automated trading, built-in strategies for trading with backtesting capabilities, as well as the ability to support multiple trusted cryptocurrency exchanges Coinrule is a robust tool that will help you make the most out of any trading plan.