The world of trading cryptocurrency can be very exciting, but it can also be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule is able to help. Coinrule can be described as an automatic trading tool that helps traders stick to their cryptocurrency strategy without having to constantly keep track of the market. It’s simple to use even for people with no programming expertise, and comes with many options to help you take trades to the next level.
Coinrule was established in the year 2017 in London by a team of blockchain and cryptocurrency enthusiasts. Its goal is to make trading in cryptocurrencies less tedious by providing an automated trading platform that can integrate safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its goal.
One of the main advantages of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be highly volatile and it is often challenging for investors to stay up with ever-changing charts. Coinrule lets traders establish trading rules and then analyzes the market and then makes trades that are compatible with their strategies. This means that traders can set their cryptocurrency trading to autopilot and not look over charts for hours.
Coinrule also offers integrated trading strategies that investors can pick from. There are over 150 trading rules to pick from that make it simple for both experienced and novice traders to find a strategy that works for them. In addition, traders can stop rules at any time and receive daily emails with trading signals that can help them adjust their strategy according to the changing market.
Another excellent feature of Coinrule is its backtesting opportunities. Traders can test out their trading rules with historical market data by using TradingView. You can choose the currency they plan to trade as well as the timeframe they wish to trade and trading strategy and see how many trades the strategy opened and closed and also the net profit, the percentage of profit maximum drawdown, as well as profit percentage. This is a useful method to boost a trader’s confidence in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can use Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Trader, and Pro, offering different options to traders at all levels. Prices vary from $0 to $499.99 per month, and traders can choose to pay either monthly or annually. The yearly plans offer discounts of up to 25%.
Overall, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the next level. With features like automated trading, built-in strategies for trading as well as backtesting options, and support for a variety of trusted cryptocurrency exchanges Coinrule provides a reliable tool that can aid you in making the most of any trading plan.