The world of trading in cryptocurrency can be quite exciting However, it can be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule is able to help. Coinrule can be described as an automatic tool for trading that helps traders stick to their cryptocurrency strategy without the need to constantly monitor the markets. It’s easy to use even for those without coding experience, and offers various options that will help you take your trading to the next step.
Coinrule was established in the year the year 2017 London by a team of blockchain and cryptocurrency enthusiasts. The company’s mission is to make trading in cryptocurrencies easier by offering an automated platform for trading that can integrate safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than the amount it had set for.
One of the main features of Coinrule is its user-friendly automated trading. The market for cryptocurrency is extremely volatile, and it is often challenging for investors to stay track of the constantly 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 can place their cryptocurrency trading on autopilot and not spend hours poring over charts.
Coinrule also offers integrated trading strategies that traders can select from. There are more than 150 trading rules to pick from which makes it simple for both new 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 that contain trading signals to help them adapt their strategy to the market.
Another great aspect of Coinrule is the possibility of backtesting. The traders can test their trading strategy on historical market data using TradingView. They can choose the cryptocurrency they plan to trade, the desired time frame and trading strategy and determine how many trades that the strategy opened and closed and also the net profit, percentage of profit, 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, including 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 including Starter, Hobbyist Trader, and Pro, offering different options to traders at all levels. Prices range from $0 to $499.99 per month, and traders have the option of paying either monthly or annually. The annual plans can offer discounts up to 25%.
All in all, 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 trading strategies as well as backtesting options, and support for a variety of trusted cryptocurrency exchanges Coinrule is a robust instrument that can assist you in making the most out of any trading plan.