The world of cryptocurrency trading can be very exciting, but it can also become time-consuming and stressful to many investors. This is where Coinrule comes in. Coinrule can be described as an automatic trading tool that can help 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 expertise, and comes with many options that will take your trading to the highest level.
Coinrule was established in the year 2017 London by a group of blockchain and cryptocurrency enthusiasts. Its goal is create a system that makes trading cryptocurrencies less tedious by providing an automated platform for trading that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over the amount it had set for.
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 hard for trader to keep up with the constantly changing charts. Coinrule allows traders to set up trading rules and then examines the market and make trades that match their strategies. This means that traders can set their cryptocurrency trading to autopilot and not look over charts for hours.
Coinrule also offers built-in trading strategies that traders can select from. There are more than 150 rules available that make it simple for both experienced and novice traders to find an approach that is suitable for them. Additionally, traders can pause rules at any time, and will be sent daily emails that contain trading signals to help them adapt their strategies to market conditions.
Another excellent aspect of Coinrule is the possibility of backtesting. Investors can test their trading rules by using historical market data in TradingView. They can choose the cryptocurrency they plan to trade, the desired time frame and trading strategy to determine how many trades that were opened and closed in addition to the net profit, percentage of profit, maximum drawdown, and profit percentage. This can be a helpful tool for increasing confidence of traders in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to use Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Trader, and Pro, with a variety of options for traders of all levels. Prices start at $0 and go up and up to $499.99 per month, and traders can choose to pay monthly or annually. The yearly plans offer discounts up to 25%.
All in all, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest level. With features such as automatic trading and built-in trading strategies with backtesting capabilities, as well as support for a variety of trusted trading platforms, Coinrule provides a reliable tool that will aid you in making the most out of the trading strategies you employ.