The world of cryptocurrency trading can be quite exciting however, it can become time-consuming and stressful in the eyes of many trader. This is where Coinrule comes in. Coinrule can be described as an automatic trading tool that helps traders adhere to their cryptocurrency strategy without having to constantly monitor the markets. It is easy to use, even for those with no programming experience, and offers a variety of options that will take your trading to the next level.
Coinrule was established in 2017 in London by a team of crypto and blockchain enthusiasts. Its goal is at making trading cryptocurrency less tedious by providing an automated trading platform that is able to integrate securely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above the amount it had set for.
One of the most important features of Coinrule is its user-friendly automated trading. The market for cryptocurrency is extremely volatile, and it can be difficult for traders to keep up with the ever-changing charts. Coinrule allows traders to create trading rules, and then analyzes the market and then makes trades that fit into their plan of action. This allows traders to put their cryptocurrency trading on autopilot and not go through charts for hours.
Coinrule also offers integrated trading strategies that investors can pick from. There are over 150 rules to choose from, making it easy for both experienced and novice traders to choose an approach that is suitable for them. Additionally, traders can pause rules at any point, and they will receive free daily emails that contain trading signals to help them adapt their strategy to the market.
Another wonderful aspect of Coinrule is its backtesting opportunities. Traders can test out their trading rules by using historical market data in TradingView. They can select the coin they intend to trade as well as the timeframe they wish to trade, and the trading strategy to determine how many trades that the strategy has opened and closed, as well as profits net, the percentage of profit as well as the maximum drawdown and profit factor. This can be an effective tool for increasing the trust of traders in their trading strategies they develop.
Coinrule also supports multiple trustworthy 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 levels, Starter, Hobbyist, Trader, and Pro, offering different options to traders at all levels. Prices range from $0 and up to $499.99 per month. traders are able to pay monthly or annually. The yearly plans offer discounts up to 25%.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the next level. With features like automatic trading and built-in trading strategies, backtesting opportunities, and support for multiple trustworthy trading platforms, Coinrule provides a reliable tool that will aid you in making the most of the trading strategies you employ.