The world of trading cryptocurrency is quite thrilling however, it can become time-consuming and stressful in the eyes of many trader. This is where Coinrule is able to help. Coinrule can be described as an automatic trading tool that helps traders adhere to their cryptocurrency strategy without having to constantly be on the lookout for market trends. It’s simple to use, even for those with no programming experience, and offers a variety of features that can boost you trading experience to next step.
Coinrule was founded in 2017 , in London by a team of blockchain and cryptocurrency enthusiasts. Its goal is at making trading 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) on Seedrs. This is greater than 200% over its goal.
One of the key aspects of Coinrule is the easy to use automated trading. The markets for cryptocurrency can be highly volatile and it can be difficult for traders to keep up with the ever-changing charts. Coinrule lets traders establish trading rules and then examines the market and make trades that match their plan of action. This allows traders to place their cryptocurrency trading to autopilot, and not spend hours poring over charts.
Coinrule provides built-in trading strategies that traders can pick from. There are more than 150 trading rules to pick from, making it easy for both experienced and novice traders to find an approach that is suitable for them. Additionally, traders can pause rules at any point, and will be sent daily emails with signals for trading that can help them adjust their strategy to the market.
Another wonderful aspect of Coinrule is its backtesting capabilities. The traders can test their trading strategies based on historical market data using TradingView. You can choose the currency they intend to trade as well as the timeframe they wish to trade as well as the strategy for trading, and then determine how many trades that the strategy opened and closed in addition to the net profit, the percentage of profitability, maximum drawdown, and profit factor. This is a useful tool for increasing confidence of traders in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Trader, and Pro, with different options for traders of all levels. Prices range from $0 through $499.99 per month. traders are able to pay monthly or annually. The yearly plans offer discounts up to 25%.
All in all, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest level. With features such as automatic trading and built-in strategies for trading, backtesting opportunities, and support for multiple trustworthy trading platforms, Coinrule can be a powerful tool that can help you make the most of the trading strategies you employ.