The world of trading cryptocurrency can be very exciting However, it can be time-consuming and overwhelming for many traders. This is the point where Coinrule is able to help. Coinrule can be described as an automatic trading tool that helps traders adhere to their cryptocurrency strategy without having to constantly keep track of the market. It is easy to use, even for people with no programming knowledge, and provides various options that will take trades to the next level.
Coinrule was founded in 2017 in London by a group of crypto and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrencies more efficient by providing an automated trading platform which can be integrated safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over its target.
One of the key aspects of Coinrule is the easy to use automated trading. The markets for cryptocurrency can be extremely volatile, and it is often difficult for traders to keep up with the ever-changing charts. Coinrule lets traders set up trading rules and then monitors the market and makes trades that match their strategy. This means that traders are able to put their cryptocurrency trading to autopilot and not go through charts for hours.
Coinrule provides integrated trading strategies that investors can choose from. There are more than 150 trading rules to pick from which makes it simple for both new and experienced traders to discover the best strategy for them. Furthermore, traders are able to pause rules at any time and receive daily emails that contain trading signals that can help them adjust their strategies to market conditions.
Another great feature of Coinrule is the possibility of backtesting. Traders can test out their trading strategy by using historical market data in TradingView. They can select the coin they intend to trade as well as the timeframe they wish to trade, and the trading strategy, and then determine how many trades that the strategy has opened and closed, as well as its net profits, the percentage of profit as well as the maximum drawdown and profit factor. This is a useful method to boost the trust of traders in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Trader, and Pro, with a variety of options for traders of all levels. Prices vary from $0 to $499.99 per month, and traders can choose to pay each month or annually. The yearly plans offer discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the next level. With features like automatic trading and built-in strategies for trading, backtesting opportunities, and the ability to support multiple trusted cryptocurrency exchanges Coinrule provides a reliable instrument that can help you make the most out of any trading plan.