The world of trading in cryptocurrency is quite thrilling However, it can become time-consuming and stressful in the eyes of many trader. 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 having to constantly be on the lookout for market trends. It’s simple to use even for those with no programming experience, and offers a variety of options that will take your trading to the next level.
Coinrule was established in the year 2017 London by a team of blockchain and cryptocurrency enthusiasts. The company’s mission is create a system that makes trading cryptocurrency more efficient by providing an automated platform for trading that is able to integrate securely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over its target.
One of the key features of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be very volatile and it can be hard for trader to keep up with constantly changing charts. Coinrule lets traders set up trading rules and then monitors the market and makes trades that fit into their strategy. This means that traders can place their cryptocurrency trading up to run on autopilot, and not look over charts for hours.
Coinrule also offers built-in trading strategies that traders can choose from. There are over 150 rules available, making it easy for both novice and experienced traders to choose the best strategy for them. Furthermore, traders are able to pause rules at any point, and receive daily emails with signals for trading that can help them adjust their strategies to market conditions.
Another great characteristic of Coinrule is its backtesting opportunities. Traders can test out their trading strategies based with historical market data by using TradingView. They can choose the cryptocurrency they intend to trade as well as the timeframe they wish to trade as well as the strategy for trading, and then see how many trades the strategy opened and closed in addition to the net profit, the percentage of profit as well as the maximum drawdown and profit percentage. This is a useful instrument to increase the trust of traders in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Trader, and Pro, with a variety of options for traders at all levels. Prices vary from $0 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 easy-to-use experience that can boost your cryptocurrency trading experience to the next level. With features such as automated trading, built-in trading strategies as well as backtesting options, and support for a variety of trusted trading platforms, Coinrule provides a reliable tool that can assist you in making the most out of your trading strategy.