The world of trading in cryptocurrency is quite thrilling however, it can become time-consuming and stressful for many traders. This is the point where Coinrule comes in. Coinrule can be described as an automatic trading tool that helps traders stick to their crypto strategy without the need to constantly monitor the markets. It’s easy to use even for people with no programming knowledge, and provides a variety of features that can take your trading to the next level.
Coinrule was established in 2017 , in London by a group of blockchain and cryptocurrency enthusiasts. The company’s mission is to make trading in cryptocurrency easier by offering an automated trading platform that is able to integrate securely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than the amount it had set for.
One of the key advantages of Coinrule is its easy to use automated trading. The cryptocurrency markets can be extremely volatile, and it is often difficult for traders to keep track of the ever-changing charts. Coinrule lets traders set up trading rules and then analyzes the market and then makes trades that fit into their strategies. This allows traders to set their cryptocurrency trading on autopilot and not have to 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 novice and experienced traders to discover an approach that is suitable for them. Additionally, traders can pause rules at any time, and receive daily emails with trading signals to help them adapt their strategy according to the changing market.
Another wonderful feature of Coinrule is its backtesting capabilities. Traders can test out their trading rules by using historical market data in TradingView. They can select the coin they intend to trade as well as the timeframe they wish to trade and trading strategy and determine how many trades that were opened and closed in addition to its net profits, percentage of profit as well as the maximum drawdown and the profit ratio. This can be a helpful method to boost confidence of traders in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader, with a variety of options for traders of all levels. Prices start at $0 and go up to $499.99 per month. traders have the option of paying either monthly or annually. The yearly plans offer discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the next level. With features like automated trading, built-in strategies for trading, backtesting opportunities, and support for multiple trustworthy trading platforms, Coinrule is a robust instrument that can assist you in making the most of your trading strategy.