The world of trading cryptocurrency can be quite exciting, but it can also become time-consuming and stressful in the eyes of many trader. This is where Coinrule comes in. Coinrule can be described as an automatic trading tool that helps traders stick to their cryptocurrency strategy without having to constantly monitor the markets. It is easy to use even for those without coding experience, and offers many features that can boost you trading experience to next step.
Coinrule was established in 2017 , in London by a group of cryptocurrency and blockchain enthusiasts. Its goal is create a system that makes trading 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 the amount it had set for.
One of the main aspects of Coinrule is the easy-to-use automated trading system. The markets for cryptocurrency can be very volatile and it can be hard for trader to keep track of the constantly changing charts. Coinrule lets traders create trading rules, and then analyzes the market and then makes trades that fit into their strategies. This means that traders can set their cryptocurrency trading on autopilot and not spend hours poring over charts.
Coinrule provides built-in trading strategies that traders can choose from. There are over 150 rules to choose from which makes it simple for both novice and experienced traders to choose a strategy that works for them. Furthermore, traders are able to pause rules at any time and will be sent daily emails with trading signals which can assist them in adjusting their strategy according to the changing market.
Another wonderful aspect of Coinrule is its backtesting opportunities. Investors can test their trading rules by using historical market data in TradingView. They can select the coin they will be trading and the time frame they want to use, and the trading strategy to see how many trades the strategy has opened and closed, as well as the net profit, the percentage of profit maximum drawdown, as well as profit factor. This can be an effective instrument to increase confidence of traders in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges, such as 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 levels that include Starter, Hobbyist Trader, and Pro, with different options for traders at all levels. Prices start at $0 and go up and up to $499.99 per month. traders are able to pay either monthly or annually. The yearly plans offer discounts up to 25%.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest level. With features like automatized trading, integrated strategies for trading with backtesting capabilities, as well as support for a variety of trusted cryptocurrency exchanges Coinrule provides a reliable tool that will assist you in making the most of the trading strategies you employ.