The world of trading in cryptocurrency can be very exciting however, it can become time-consuming and stressful to many investors. This is where Coinrule comes in. Coinrule can be described as an automatic trading tool that can help traders stick to their cryptocurrency strategy without having to constantly be on the lookout for market trends. It is easy to use, even for those with no programming experience, and offers a variety of options to boost your trading to the next level.
Coinrule was established in the year the year 2017 London by a team of cryptocurrency and blockchain enthusiasts. The company aims to make trading in cryptocurrency more efficient by providing an automated platform for trading that can integrate safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above the amount it had set for.
One of the main features of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be very volatile and it is often difficult for traders to keep up with ever-changing charts. Coinrule allows traders to establish trading rules and then analyzes the market and then makes trades that match their strategies. This means that traders can put their cryptocurrency trading to autopilot and not have to look over charts for hours.
Coinrule also offers integrated trading strategies that traders can select from. There are more than 150 rules available that make it simple for both novice and experienced traders to find a strategy that works for them. Additionally, traders can pause rules at any point, and receive daily emails that contain trading signals to help them adapt their strategy to the market.
Another excellent feature of Coinrule is its backtesting capabilities. Investors can test their trading rules by using historical market data in 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 then see how many trades were opened and closed and also the net profit, percentage of profit as well as the maximum drawdown and the profit ratio. This can be an effective method to boost a trader’s confidence in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Pro, and Trader with different options for traders of all levels. Prices start at $0 and go up through $499.99 per month. traders have the option of paying either monthly or annually. The annual plans can offer discounts of up to 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 automated trading, built-in strategies for trading as well as backtesting options, and support for multiple trustworthy exchanges, Coinrule provides a reliable instrument that can aid you in making the most out of the trading strategies you employ.