The world of trading cryptocurrency is quite thrilling However, it can be time-consuming and overwhelming for many traders. This is where Coinrule comes in. Coinrule can be described as an automatic trading tool that helps traders stick to their cryptocurrency strategy without the need to constantly monitor the markets. It’s simple to use even for those without coding experience, and offers many features that can help you take trades to the highest level.
Coinrule was established in 2017 , in London by a team of blockchain and cryptocurrency enthusiasts. Its goal is create a system that makes trading cryptocurrency easier by offering an automated trading platform that can integrate safely with various 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 cryptocurrency markets can be highly volatile and it can be hard for trader to keep up with ever-changing charts. Coinrule lets traders establish trading rules and then monitors the market and makes trades that fit into their strategies. This allows traders to put their cryptocurrency trading up to run on autopilot and not look over charts for hours.
Coinrule has built-in trading strategies that traders can choose from. There are more than 150 rules to choose from, making it easy for both new and experienced traders to choose an approach that is suitable for them. In addition, traders can stop rules at any point, and receive daily emails that contain trading signals to help them adapt their strategies to market conditions.
Another excellent aspect of Coinrule is its backtesting capabilities. The traders can test their trading strategy with historical market data by using TradingView. You can choose the currency they will be trading and the time frame they want to use, and the trading strategy and check how many trades the strategy has opened and closed in addition to its net profits, percentage of profit as well as the maximum drawdown and the profit ratio. This is a useful method to boost confidence of traders in their trading strategies they develop.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can use Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader offering different options to traders of all levels. Prices vary from $0 to $499.99 per month, and traders can choose to pay each month or annually. Annual plans provide discounts of up to 25%.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the next level. With features like automated trading, built-in strategies for trading with backtesting capabilities, as well as the ability to support multiple trusted trading platforms, Coinrule is a robust tool that can help you make the most out of your trading strategy.