The world of cryptocurrency trading is quite thrilling however, it can be time-consuming and overwhelming in the eyes of many trader. 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 continuously monitor the markets. It’s simple to use, even for people with no programming expertise, and comes with many options that will boost trades to the highest level.
Coinrule was established in the year 2017 , in London by a team of cryptocurrency and blockchain enthusiasts. Its goal is to make trading in cryptocurrency easier by offering an automated trading platform which can be integrated safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than the amount it had set for.
One of the main features of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is highly volatile and it can be hard for trader to keep track of the constantly changing charts. Coinrule allows traders to set up trading rules and then monitors the market and makes trades that fit into their strategy. This means that traders can set their cryptocurrency trading to autopilot, and not go through charts for hours.
Coinrule has integrated trading strategies that traders can choose from. There are more than 150 trading rules to pick from which makes it simple for both experienced and novice traders to choose a strategy that works for them. Furthermore, traders are able to pause rules at any time, and will be sent daily emails with signals for trading which can assist them in adjusting their strategies to market conditions.
Another great feature of Coinrule is the possibility of backtesting. Investors can test their trading rules on historical market data using TradingView. They can select the coin they intend to trade and the time frame they want to use and trading strategy, and then determine how many trades that the strategy opened and closed and also profits net, the percentage of profit as well as the maximum drawdown and the profit ratio. This is a useful method to boost confidence of traders in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Trader, and Pro, with a variety of options for traders at all levels. Prices vary from $0 to $499.99 per month, and traders have the option of paying either monthly or annually. Annual plans provide discounts of up to 25%.
Overall, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest level. With features like automated trading, built-in strategies for trading as well as backtesting options, and support for multiple trustworthy cryptocurrency exchanges Coinrule can be a powerful tool that can aid you in making the most of your trading strategy.