The world of trading in cryptocurrency can be quite exciting, but it can also be time-consuming and overwhelming 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 having to constantly be on the lookout for market trends. It is easy to use even for people with no programming expertise, and comes with many features that can take you trading experience to next step.
Coinrule was founded in the year 2017 London by a team of cryptocurrency and blockchain enthusiasts. The company aims at making trading cryptocurrencies easier by offering an automated trading platform that can integrate safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above the amount it had set for.
One of the most important aspects of Coinrule is the easy to use automated trading. The cryptocurrency markets can be extremely volatile, and it is often hard for trader to keep up with ever-changing charts. Coinrule allows traders to create trading rules, and then analyzes the market and then makes trades that are compatible with their strategy. This allows traders to place their cryptocurrency trading on autopilot and not have to look over charts for hours.
Coinrule has integrated trading strategies that traders can pick from. There are more than 150 rules to choose from which makes it simple for both experienced and novice traders to find the best strategy for them. Additionally, traders can pause rules at any point, and they will receive free daily emails with trading signals to help them adapt their strategy to the market.
Another excellent feature of Coinrule is the possibility of backtesting. Traders can test out their trading strategy on historical market data using TradingView. They can choose the cryptocurrency they will be trading as well as the timeframe they wish to trade, and the trading strategy, and then see how many trades were opened and closed and also its net profits, percentage of profitability as well as the maximum drawdown and profit factor. This can be an effective method to boost a trader’s confidence in their trading strategies they develop.
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 any of these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Pro, and Trader with different options for traders at all levels. Prices start at $0 and go up to $499.99 per month, and traders can choose to pay monthly or annually. Annual plans provide discounts of up to percent.
Overall, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the next level. With features such as automatic trading and built-in trading strategies as well as backtesting options, and support for a variety of trusted trading platforms, Coinrule is a robust instrument that can help you make the most out of the trading strategies you employ.