The world of cryptocurrency trading can be quite exciting however, it can be time-consuming and overwhelming to many investors. This is where Coinrule is able to help. Coinrule can be described as an automatic trading tool that can help traders adhere to their cryptocurrency strategy without the need to constantly keep track of the market. It is easy to use, even for those with no programming experience, and offers various options that will help you take you trading experience to next step.
Coinrule was established in the year 2017 London by a team of crypto and blockchain enthusiasts. Its goal is to make trading in cryptocurrency more efficient by providing an automated platform for trading that can integrate safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its target.
One of the key aspects of Coinrule is the user-friendly automated trading. The markets for cryptocurrency can be extremely volatile, and it is often difficult for traders to keep up with the constantly changing charts. Coinrule allows traders to create trading rules, and then examines the market and make trades that fit into their strategy. This allows traders to put their cryptocurrency trading up to run on autopilot and not have to spend hours poring over charts.
Coinrule provides integrated trading strategies that traders can pick from. There are more than 150 trading rules to pick from which makes it simple for both new and experienced traders to find a strategy that works for them. In addition, traders can stop rules at any time and they will receive free daily emails with trading signals to help them adapt their strategies to market conditions.
Another excellent aspect of Coinrule is its backtesting opportunities. The traders can test their trading strategy on historical market data using TradingView. You can choose the currency they intend to trade as well as the timeframe they wish to trade, and the trading strategy, and then determine how many trades that the strategy has opened and closed, as well as the net profit, the percentage of profit, maximum drawdown, and profit factor. This can be an effective instrument to increase a trader’s confidence in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can integrate Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader, with different options for traders of all levels. Prices start at $0 and go up to $499.99 per month, and traders have the option of paying monthly or annually. The yearly plans offer discounts up to 25 percent.
Overall, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest level. With features like automatic trading and built-in strategies for trading as well as backtesting options, and support for multiple trustworthy cryptocurrency exchanges Coinrule can be a powerful tool that can aid you in making the most out of the trading strategies you employ.