The world of cryptocurrency trading can be very exciting, but it can also become time-consuming and stressful for many traders. This is where Coinrule is able to help. Coinrule can be described as an automatic trading tool that can help traders stick to their crypto strategy without having to constantly be on the lookout for market trends. It is easy to use even for those with no programming experience, and offers various features that can boost your trading to the next level.
Coinrule was established in 2017 , in London by a group of blockchain and cryptocurrency enthusiasts. Its goal is to make trading in cryptocurrencies easier by offering an automated platform for trading that can integrate safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its target.
One of the main aspects of Coinrule is the user-friendly automated trading. The cryptocurrency markets can be very volatile and it can be difficult for traders to keep up with the ever-changing charts. Coinrule allows traders to establish trading rules and then analyzes the market and then makes trades that match their strategy. This means that traders can place their cryptocurrency trading to autopilot, and not look over charts for hours.
Coinrule provides integrated trading strategies that traders can choose from. There are over 150 trading rules to pick from, making it easy for both experienced and novice traders to discover an approach that is suitable for them. Additionally, traders can pause rules at any time and will be sent daily emails that contain trading signals which can assist them in adjusting their strategy according to the changing market.
Another excellent characteristic of Coinrule is its backtesting opportunities. The traders can test their trading rules with historical market data by using TradingView. They can choose the cryptocurrency they plan to trade, the desired time frame as well as the strategy for trading and check how many trades the strategy has opened and closed, as well as its net profits, the percentage of profit maximum drawdown, as well as profit percentage. This is a useful instrument to increase a trader’s confidence in the trading rules they create.
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 use Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Trader, and Pro, with different options for traders of all levels. Prices range from $0 to $499.99 per month, and traders have the option of paying each month or annually. The yearly plans offer discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the highest possible level. With features such as automatic trading and built-in trading strategies as well as backtesting options, and support for multiple trustworthy exchanges, Coinrule can be a powerful tool that will aid you in making the most out of the trading strategies you employ.