The world of cryptocurrency trading can be quite exciting, but it can also become time-consuming and stressful to many investors. This is the point where Coinrule comes in. Coinrule can be described as an automatic tool for trading that helps traders stick to their crypto strategy without the need to constantly keep track of the market. It is easy to use, even for those without coding experience, and offers many features that can help you take your trading to the highest level.
Coinrule was established in 2017 in London by a group of crypto and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrency easier by offering an automated trading platform that can integrate safely with several 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 key aspects of Coinrule is the easy to use automated trading. The market for cryptocurrency is highly volatile and it is often difficult for traders to keep up with ever-changing charts. Coinrule lets traders create trading rules, and then monitors the market and makes trades that match their strategies. This means that traders can place their cryptocurrency trading up to run on autopilot, and not go through charts for hours.
Coinrule has integrated trading strategies that traders can select from. There are over 150 rules to choose from that make it simple for both novice and experienced traders to discover the best strategy for them. In addition, traders can stop rules at any time, and will be sent daily emails with trading signals that can help them adjust their strategies to market conditions.
Another great characteristic of Coinrule is its backtesting capabilities. Traders can test out their trading strategy by using historical market data in TradingView. They can select the coin they intend to trade and the time frame they want to use, and the trading strategy and check how many trades the strategy has opened and closed and also the net profit, the percentage of profit, maximum drawdown, and the profit ratio. This can be a helpful method to boost confidence of traders in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader, with a variety of options for traders of all levels. Prices start at $0 and go up through $499.99 per month. traders have the option of paying either monthly or annually. The yearly plans offer discounts of up to 25%.
All in all, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the highest level. With features like automatized trading, integrated trading strategies, backtesting opportunities, and support for a variety of trusted trading platforms, Coinrule provides a reliable tool that will assist you in making the most of the trading strategies you employ.