The world of cryptocurrency trading is quite thrilling, but it can also be time-consuming and overwhelming for many traders. This is the point where Coinrule comes in. Coinrule can be described as an automatic trading tool that helps traders adhere to their cryptocurrency strategy without having to continuously keep track of the market. It is easy to use, even for those with no programming expertise, and comes with a variety of options to take your trading to the highest step.
Coinrule was established in the year 2017 in London by a team of blockchain and cryptocurrency enthusiasts. The company’s mission is to make trading in cryptocurrency less tedious by providing an automated trading platform that can integrate safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than the amount it had set for.
One of the key features of Coinrule is its easy to use automated trading. The cryptocurrency markets can be extremely volatile, and it is often hard for trader to keep up with constantly changing charts. Coinrule lets traders create trading rules, and then monitors the market and makes trades that match their strategy. This means that traders can put their cryptocurrency trading to autopilot and not go through charts for hours.
Coinrule also offers integrated trading strategies that traders can pick from. There are over 150 trading rules to pick from, making it easy for both novice and experienced traders to choose an approach that is suitable for them. In addition, traders can stop rules at any time, and they will receive free daily emails with trading signals which can assist them in adjusting their strategy to the market.
Another great characteristic of Coinrule is its backtesting opportunities. The traders can test their trading strategies based with historical market data by using TradingView. They can choose the cryptocurrency they intend to trade and the time frame they want to use, and the trading strategy, and then determine how many trades that the strategy has opened and closed, as well as its net profits, the percentage of profit as well as the maximum drawdown and profit percentage. This is a useful tool for increasing the trust of traders in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader with different options for traders of all levels. Prices range from $0 and up to $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%.
All in all, 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 strategies for trading, backtesting opportunities, and the ability to support multiple trusted trading platforms, Coinrule is a robust tool that can help you make the most out of any trading plan.