The world of trading in cryptocurrency can be quite exciting, but it can also be time-consuming and overwhelming 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 adhere to their cryptocurrency strategy without the need to constantly monitor the markets. It is easy to use, even for people with no programming experience, and offers many options to take you trading experience to next level.
Coinrule was established in the year the year 2017 London by a team of crypto and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrency easier by offering an automated trading platform that can integrate safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over its target.
One of the most important advantages of Coinrule is its easy to use automated trading. The market for cryptocurrency is highly volatile and it is often hard for trader to keep up with the constantly changing charts. Coinrule lets traders establish trading rules and then monitors the market and makes trades that fit into their plan of action. This means that traders are able to set their cryptocurrency trading on autopilot, and not go through charts for hours.
Coinrule has built-in trading strategies that traders can select from. There are more than 150 trading rules to pick from, making it easy for both experienced and novice traders to find a strategy that works for them. Additionally, traders can pause rules at any time and receive daily emails with trading signals to help them adapt their strategy to the market.
Another wonderful 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 as well as the strategy for trading to determine how many trades that the strategy has opened and closed in addition to the net profit, percentage of profit, maximum drawdown, and the profit ratio. This can be a helpful tool for increasing the trust of traders in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges, such as 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 of all levels. Prices vary from $0 through $499.99 per month, and traders have the option of paying each month or annually. The annual plans can offer discounts of up to 25 percent.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the next level. With features such as automatized trading, integrated strategies for trading with backtesting capabilities, as well as the ability to support multiple trusted exchanges, Coinrule provides a reliable tool that will help you make the most of your trading strategy.