The world of trading cryptocurrency can be quite exciting However, it can become time-consuming and stressful for many traders. This is the point where Coinrule is able to help. Coinrule can be described as an automatic tool for trading that helps traders stick to their crypto strategy without having to constantly be on the lookout for market trends. It’s easy to use even for people with no programming knowledge, and provides various features that can help you take trades to the next step.
Coinrule was established in the year 2017 , in London by a group of crypto and blockchain enthusiasts. Its goal is at making trading cryptocurrencies easier by offering an automated platform for trading that can integrate safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over its goal.
One of the most important advantages of Coinrule is its easy to use automated trading. The cryptocurrency markets can be highly volatile and it is often challenging for investors to stay up with the constantly changing charts. Coinrule lets traders set up trading rules and then monitors the market and makes trades that fit into their strategies. This allows traders to place their cryptocurrency trading up to run on autopilot and not look over charts for hours.
Coinrule also offers built-in trading strategies that traders can choose from. There are more than 150 rules to choose from that make it simple for both novice and experienced traders to find an approach that is suitable for them. Furthermore, traders are able to pause rules at any time and they will receive free daily emails with signals for trading that can help them adjust their strategies to market conditions.
Another great feature of Coinrule is its backtesting opportunities. Investors can test their trading rules on historical market data using TradingView. They can choose the cryptocurrency they plan to trade and the time frame they want to use as well as the strategy for trading and check how many trades the strategy opened and closed and also the net profit, the percentage of profitability as well as the maximum drawdown and the profit ratio. This is a useful tool for increasing the trust of traders in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Pro, and Trader with different options for traders at all levels. Prices vary from $0 and up to $499.99 per month. traders can choose to pay monthly or annually. Annual plans provide discounts of up to 25%.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest level. With features like automatic trading and built-in strategies for trading, backtesting opportunities, and the ability to support multiple trusted trading platforms, Coinrule is a robust tool that will aid you in making the most out of the trading strategies you employ.