The world of trading cryptocurrency is quite thrilling, but it can also become time-consuming and stressful 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 adhere to their cryptocurrency strategy without the need to constantly keep track of the market. It’s simple to use even for those without coding knowledge, and provides many features that can boost you trading experience to next level.
Coinrule was established in the year 2017 , in London by a team of blockchain and cryptocurrency enthusiasts. The company aims create a system that makes trading cryptocurrency more efficient by providing an automated platform for trading which can be integrated safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above its target.
One of the main features of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be highly volatile and it can be difficult for traders to keep track of the constantly changing charts. Coinrule allows traders to set up trading rules and then analyzes the market and then makes trades that fit into their strategies. This allows traders to place their cryptocurrency trading up to run on autopilot, and not spend hours poring over charts.
Coinrule also offers built-in trading strategies that traders can pick from. There are more than 150 rules to choose from, making it easy for both experienced and novice traders to discover a strategy that works for them. Furthermore, traders are able to pause rules at any time, and receive daily emails that contain trading signals that can help them adjust their strategies to market conditions.
Another excellent aspect of Coinrule is its backtesting capabilities. Investors can test their trading rules by using historical market data in TradingView. They can choose the cryptocurrency they will be trading, the desired time frame as well as the strategy for trading to see how many trades the strategy opened and closed and also its net profits, the percentage of profit as well as the maximum drawdown and profit factor. This can be a helpful instrument to increase the trust of traders in their trading strategies they develop.
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 connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader offering different options to traders of all levels. Prices vary from $0 through $499.99 per month, and traders are able to pay either monthly or annually. Annual plans provide discounts of up to 25%.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest level. With features such as automatized trading, integrated trading strategies as well as backtesting options, and support for a variety of trusted exchanges, Coinrule provides a reliable instrument that can help you make the most of your trading strategy.