The world of trading in cryptocurrency can be quite exciting, but it can also be time-consuming and overwhelming for many traders. This is where Coinrule comes in. Coinrule can be described as an automatic tool for trading that helps traders adhere to their cryptocurrency strategy without having to continuously monitor the markets. It’s simple to use, even for those without coding knowledge, and provides many features that can boost your trading to the highest level.
Coinrule was established in 2017 , in London by a team of blockchain and cryptocurrency enthusiasts. The company’s mission is create a system that makes trading cryptocurrency more efficient by providing an automated trading platform that can integrate safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its target.
One of the key advantages of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be highly volatile and it is often difficult for traders to keep track of the ever-changing charts. Coinrule allows traders to establish trading rules and then monitors the market and makes trades that match their strategies. This allows traders to put their cryptocurrency trading on autopilot, and not spend hours poring over charts.
Coinrule also offers integrated trading strategies that traders can choose from. There are more than 150 trading rules to pick from which makes it simple for both novice and experienced traders to find the best strategy for them. Additionally, traders can pause rules at any time, and they will receive free daily emails with signals for trading to help them adapt their strategy according to the changing market.
Another wonderful characteristic of Coinrule is its backtesting opportunities. The traders can test their trading rules with historical market data by using TradingView. They can select the coin they intend to trade and the time frame they want to use as well as the strategy for trading and check how many trades the strategy has opened and closed, as well as the net profit, percentage of profitability maximum drawdown, as well as profit percentage. This is a useful method to boost confidence of traders in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader with a variety of options for traders of all levels. Prices vary from $0 and up to $499.99 per month. traders have the option of paying monthly or annually. Annual plans provide discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest possible level. With features such as automatized trading, integrated trading strategies, backtesting opportunities, and support for a variety of trusted trading platforms, Coinrule provides a reliable instrument that can help you make the most of the trading strategies you employ.