The world of trading in cryptocurrency 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 helps traders stick to their cryptocurrency strategy without the need to constantly keep track of the market. It is easy to use even for those without coding knowledge, and provides many options that will take your trading to the highest step.
Coinrule was established in the year 2017 in London by a team of crypto and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrency more efficient by providing an automated platform for trading which can be integrated safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than the amount it had set for.
One of the most important aspects of Coinrule is the user-friendly automated trading. The market for cryptocurrency is highly volatile and it can be hard for trader to keep up with constantly changing charts. Coinrule lets traders create trading rules, and then monitors the market and makes trades that fit into their strategies. This means that traders can put their cryptocurrency trading up to run on autopilot and not spend hours poring over charts.
Coinrule provides built-in trading strategies that traders can pick from. There are over 150 trading rules to pick from which makes it simple for both novice and experienced traders to choose a strategy that works for them. Additionally, traders can pause rules at any time and they will receive free daily emails that contain trading signals which can assist them in adjusting their strategy to the market.
Another great feature of Coinrule is the possibility of backtesting. Investors can test their trading strategy by using historical market data in TradingView. They can select the coin they plan to trade as well as the timeframe they wish to trade and trading strategy and see how many trades the strategy has opened and closed and also profits net, the percentage of profitability as well as the maximum drawdown and the profit ratio. This can be a helpful instrument to increase the trust of traders in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges like 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 tiers that include Starter, Hobbyist Trader, and Pro, offering different options to traders of all levels. Prices start at $0 and go up through $499.99 per month, and traders are able to pay monthly or annually. The yearly plans offer discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading 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 multiple trustworthy cryptocurrency exchanges Coinrule provides a reliable tool that can help you make the most of the trading strategies you employ.