The world of trading cryptocurrency can be quite exciting However, it can become time-consuming and stressful for many traders. 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 cryptocurrency strategy without having to constantly be on the lookout for market trends. It’s simple to use even for those without coding knowledge, and provides many features that can take you trading experience to next step.
Coinrule was established in the year 2017 , in London by a group of cryptocurrency and blockchain enthusiasts. The company aims to make trading in cryptocurrencies less tedious by providing an automated trading platform that is able to integrate securely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above its goal.
One of the key features of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be highly volatile and it can be challenging for investors to stay up with constantly changing charts. Coinrule allows traders to create trading rules, and then analyzes the market and then makes trades that fit into their strategy. This allows traders to put their cryptocurrency trading to autopilot, and not spend hours poring over charts.
Coinrule has integrated trading strategies that traders can pick from. There are more than 150 rules to choose from, making it easy for both new and experienced traders to find an approach that is suitable for them. Additionally, traders can pause rules at any time, and will be sent daily emails that contain trading signals to help them adapt their strategy according to the changing market.
Another excellent characteristic of Coinrule is its backtesting opportunities. Traders can test out their trading strategy on historical market data using TradingView. You can choose the currency they intend to trade and the time frame they want to use as well as the strategy for trading and see how many trades were opened and closed, as well as its net profits, percentage of profitability maximum drawdown, as well as profit percentage. This can be a helpful tool for increasing a trader’s confidence 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. So, traders are able to integrate Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader, offering different options to traders of all levels. Prices start at $0 and go up to $499.99 per month. traders are able to pay either monthly or annually. The yearly plans offer discounts of up to%.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the highest possible level. With features like automatized trading, integrated trading strategies with backtesting capabilities, as well as the ability to support multiple trusted trading platforms, Coinrule provides a reliable instrument that can help you make the most of any trading plan.