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 cryptocurrency strategy without having to continuously keep track of the market. It’s easy to use even for those with no programming experience, and offers many features that can take you trading experience to next level.
Coinrule was founded in 2017 in London by a team of blockchain and cryptocurrency enthusiasts. The company aims to make trading in cryptocurrencies less tedious by providing an automated platform for trading that can integrate safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over the amount it had set for.
One of the main aspects of Coinrule is the user-friendly automated trading. The cryptocurrency markets can be very volatile and it is often hard for trader to keep up with constantly changing charts. Coinrule lets traders set up trading rules and then monitors the market and makes trades that fit into their plan of action. This means that traders are able to set their cryptocurrency trading on autopilot and not have to spend hours poring over charts.
Coinrule also offers built-in trading strategies that traders can pick from. There are over 150 rules to choose from that make it simple for both novice and experienced traders to find an approach that is suitable for them. In addition, traders can stop rules at any time, and will be sent daily emails with signals for trading that can help them adjust their strategy to the market.
Another wonderful characteristic of Coinrule is its backtesting capabilities. The traders can test their trading strategy by using historical market data in TradingView. They can choose the cryptocurrency they plan to trade and the time frame they want to use and trading strategy to check how many trades the strategy opened and closed, as well as the net profit, the percentage of profitability, maximum drawdown, and the profit ratio. This can be an effective tool for increasing a trader’s confidence in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Trader, and Pro, with a variety of options for traders of all levels. Prices vary from $0 through $499.99 per month. traders have the option of paying 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 highest possible level. With features such as automatized trading, integrated trading strategies as well as backtesting options, and support for a variety of trusted exchanges, Coinrule can be a powerful tool that will assist you in making the most of your trading strategy.