The world of trading in cryptocurrency can be quite exciting However, it can become time-consuming and stressful for many traders. This is the point where Coinrule comes in. Coinrule can be described as an automatic trading tool that can help traders adhere to their cryptocurrency strategy without having to constantly monitor the markets. It’s simple to use, even for those with no programming expertise, and comes with many options to help you take your trading to the next level.
Coinrule was established in the year 2017 , in London by a team of blockchain and cryptocurrency enthusiasts. The company’s mission is at making trading cryptocurrencies more efficient by providing an automated platform for trading that is able to integrate securely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its target.
One of the key aspects of Coinrule is the user-friendly automated trading. The cryptocurrency markets can be extremely volatile, and it is often difficult for traders to keep up with constantly changing charts. Coinrule allows traders to create trading rules, and then examines the market and make trades that fit into their strategies. This allows traders to set their cryptocurrency trading on autopilot and not go through charts for hours.
Coinrule has built-in trading strategies that traders can choose from. There are more than 150 rules available that make it simple for both experienced and novice traders to discover a strategy that works for them. In addition, traders can stop rules at any point, and will be sent daily emails with trading signals that can help them adjust their strategy to the market.
Another great characteristic of Coinrule is the possibility of backtesting. The traders can test their trading rules with historical market data by using TradingView. They can choose the cryptocurrency they will be trading and the time frame they want to use as well as the strategy for trading to see how many trades were opened and closed and also profits net, the percentage of profitability maximum drawdown, as well as profit percentage. This can be a helpful instrument to increase a trader’s confidence in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Pro, and Trader with different options for traders at all levels. Prices range from $0 and up to $499.99 per month, and traders can choose to pay each month or annually. The yearly plans offer discounts of up to 25%.
All in all, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest possible level. With features like automatic trading and built-in strategies for trading as well as backtesting options, and the ability to support multiple trusted exchanges, Coinrule provides a reliable instrument that can help you make the most of your trading strategy.