The world of trading in cryptocurrency can be quite exciting however, it can become time-consuming and stressful in the eyes of many trader. This is where Coinrule is able to help. Coinrule can be described as an automatic trading tool that can help traders stick to their cryptocurrency strategy without the need to constantly keep track of the market. It’s easy to use even for people with no programming expertise, and comes with many options that will help you take trades to the next step.
Coinrule was established in the year the year 2017 London by a team of blockchain and cryptocurrency enthusiasts. The company’s mission is at making trading cryptocurrency more efficient by providing an automated platform for trading which can be integrated safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above its goal.
One of the most important features of Coinrule is its easy to use automated trading. The cryptocurrency markets can be very volatile and it can be difficult for traders to keep up with ever-changing charts. Coinrule allows traders to establish trading rules and then examines the market and make trades that are compatible with their strategy. This allows traders to place their cryptocurrency trading to autopilot and not go through charts for hours.
Coinrule also offers built-in trading strategies that traders can choose from. There are over 150 trading rules to pick from, making it easy for both novice and experienced traders to choose the best strategy for them. Additionally, traders can pause rules at any point, and they will receive free daily emails with trading signals that can help them adjust their strategies to market conditions.
Another great aspect of Coinrule is the possibility of backtesting. Traders can test out their trading rules by using historical market data in TradingView. You can choose the currency they plan to trade, the desired time frame, and the trading strategy to determine how many trades that were opened and closed and also the net profit, the percentage of profit as well as the maximum drawdown and profit factor. This can be a helpful tool for increasing the trust of traders in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Pro, and Trader, with different options for traders of all levels. Prices start at $0 and go up to $499.99 per month. traders can choose to pay each month or annually. The yearly plans offer discounts up to 25%.
Overall, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest possible level. With features such as automatic trading and built-in strategies for trading as well as backtesting options, and support for a variety of trusted trading platforms, Coinrule provides a reliable tool that will assist you in making the most out of any trading plan.