The world of cryptocurrency trading can be very exciting however, it can become time-consuming and stressful for many traders. This is the point where Coinrule comes in. Coinrule can be described as an automatic trading tool that helps traders stick to their crypto strategy without the need to constantly monitor the markets. It is easy to use, even for those with no programming experience, and offers many options that will take your trading to the highest level.
Coinrule was established in the year 2017 London by a group of crypto and blockchain enthusiasts. Its goal is to make trading in cryptocurrency less tedious by providing an automated trading platform which can be integrated safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than its goal.
One of the key features of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be very volatile and it can be hard for trader to keep up with the constantly changing charts. Coinrule lets traders establish trading rules and then examines the market and make trades that fit into their strategies. This means that traders can put their cryptocurrency trading to autopilot and not have to look over charts for hours.
Coinrule has integrated trading strategies that traders can select from. There are more than 150 rules available that make it simple for both new and experienced traders to choose a strategy that works for them. In addition, traders can stop rules at any time, and will be sent daily emails with signals for trading to help them adapt their strategy to the market.
Another great feature of Coinrule is its backtesting opportunities. Investors can test their trading rules with historical market data by using TradingView. You can choose the currency they intend to trade as well as the timeframe they wish to trade and trading strategy to determine how many trades that were opened and closed in addition to its net profits, the percentage of profitability, maximum drawdown, and profit factor. This is a useful tool for increasing a trader’s confidence in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to integrate Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Trader, and Pro, offering different options to traders at all levels. Prices start at $0 and go up through $499.99 per month, and traders can choose to pay monthly or annually. The yearly plans offer discounts up to 25 percent.
Overall, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest possible level. With features like automatized trading, integrated strategies for trading as well as backtesting options, and support for a variety of trusted exchanges, Coinrule provides a reliable tool that can help you make the most of the trading strategies you employ.