The world of cryptocurrency trading can be very exciting however, it can become time-consuming and stressful for many traders. This is where Coinrule comes in. Coinrule can be described as an automatic trading tool that can help traders stick to their cryptocurrency strategy without having to continuously keep track of the market. It’s easy to use, even for those without coding experience, and offers various options that will help you take your trading to the next level.
Coinrule was established in the year 2017 London by a group of crypto and blockchain enthusiasts. Its goal is at making trading cryptocurrency 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) on Seedrs, greater than 200% over the amount it had set for.
One of the key aspects of Coinrule is the easy to use automated trading. The cryptocurrency markets can be very volatile and it can be challenging for investors to stay up with ever-changing charts. Coinrule lets traders establish trading rules and then examines the market and make trades that are compatible with their strategies. This means that traders are able to place their cryptocurrency trading up to run on autopilot and not have to go through charts for hours.
Coinrule has built-in trading strategies that traders can choose from. There are over 150 trading rules to pick from which makes it simple for both novice and experienced traders to find an approach that is suitable for them. In addition, traders can stop rules at any point, and receive daily emails with trading signals which can assist them in adjusting their strategy according to the changing market.
Another great feature of Coinrule is its backtesting capabilities. Investors can test their trading strategies based by using historical market data in TradingView. You can choose the currency they will be trading and the time frame they want to use as well as the strategy for trading and check how many trades the strategy has opened and closed and also the net profit, percentage of profitability as well as the maximum drawdown and profit factor. This can be an effective method to boost confidence of traders in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Trader, and Pro, with different options for traders of all levels. Prices vary from $0 to $499.99 per month, and traders have the option of paying each month or annually. The annual plans can offer discounts up to 25%.
In the end, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest level. With features such as automatic trading and built-in trading strategies with backtesting capabilities, as well as support for multiple trustworthy exchanges, Coinrule provides a reliable tool that can assist you in making the most out of any trading plan.