The world of cryptocurrency trading can be very exciting, but it can also be time-consuming and overwhelming for many traders. This is where Coinrule comes in. 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’s easy to use, even for those without coding expertise, and comes with various options to take trades to the next level.
Coinrule was established in the year 2017 London by a team of crypto and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrencies less tedious by providing an automated trading platform which can be integrated safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than the amount it had set for.
One of the key aspects of Coinrule is the user-friendly automated trading. The markets for cryptocurrency can be highly volatile and it can be difficult for traders to keep up with the ever-changing charts. Coinrule allows traders to set up trading rules and then examines the market and make trades that fit into their plan of action. This allows traders to put their cryptocurrency trading to autopilot and not have to look over charts for hours.
Coinrule also offers built-in trading strategies that traders can pick from. There are more than 150 rules available, making it easy for both new and experienced traders to find the best strategy for them. Additionally, traders can pause rules at any point, and they will receive free daily emails with signals for trading to help them adapt their strategy according to the changing market.
Another great feature of Coinrule is the possibility of backtesting. Traders can test out their trading strategies based on historical market data using TradingView. They can choose the cryptocurrency they intend to trade and the time frame they want to use as well as the strategy for trading, and then see how many trades were opened and closed in addition to profits net, the percentage of profitability maximum drawdown, as well as profit factor. This is a useful tool for increasing confidence of traders in the trading rules they create.
Coinrule also supports multiple trustworthy 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 tiers that include Starter, Hobbyist Pro, and Trader, offering different options to traders of all levels. Prices vary from $0 to $499.99 per month, and traders have the option of paying monthly or annually. Annual plans provide discounts of up to percent.
Overall, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the highest level. With features like automatized trading, integrated trading strategies as well as backtesting options, and support for multiple trustworthy cryptocurrency exchanges Coinrule is a robust tool that will help you make the most of any trading plan.