The world of trading in cryptocurrency can be quite exciting however, it can be time-consuming and overwhelming in the eyes of many trader. This is where Coinrule is able to help. Coinrule can be described as an automatic trading tool that helps traders stick to their crypto strategy without having to continuously keep track of the market. It’s easy to use, even for people with no programming knowledge, and provides various features that can boost your trading to the highest step.
Coinrule was established in the year the year 2017 London by a team of cryptocurrency and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrency less tedious by providing an automated trading platform which can be integrated safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its target.
One of the main advantages of Coinrule is its easy to use automated trading. The cryptocurrency markets can be highly volatile and it can be difficult for traders to keep up with constantly changing charts. Coinrule lets traders set up trading rules and then examines the market and make trades that fit into their plan of action. This allows traders to place their cryptocurrency trading to autopilot, and not spend hours poring over charts.
Coinrule has integrated trading strategies that investors can select from. There are over 150 trading rules to pick from which makes it simple for both experienced and novice traders to choose an approach that is suitable for them. Furthermore, traders are able to pause rules at any time, and they will receive free daily emails with trading signals to help them adapt their strategy according to the changing market.
Another excellent aspect of Coinrule is its backtesting opportunities. Investors can test their trading rules on historical market data using TradingView. They can choose the cryptocurrency they will be trading as well as the timeframe they wish to trade as well as the strategy for trading to determine how many trades that the strategy has opened and closed in addition to the net profit, percentage of profitability, maximum drawdown, and profit factor. This can be an effective tool for increasing the trust of traders in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Pro, and Trader offering different options to traders at all levels. Prices range from $0 to $499.99 per month, and traders can choose to pay either monthly or annually. The yearly plans offer discounts of up to percent.
All in all, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the next level. With features such as automated trading, built-in strategies for trading as well as backtesting options, and the ability to support multiple trusted trading platforms, Coinrule is a robust tool that will aid you in making the most of the trading strategies you employ.