The world of trading in cryptocurrency can be very exciting However, it can become time-consuming and stressful for many traders. This is the point where Coinrule comes in. Coinrule can be described as an automatic tool for trading that helps traders adhere to their cryptocurrency strategy without the need to constantly be on the lookout for market trends. It’s easy to use, even for people with no programming knowledge, and provides various options to help you take you trading experience to next step.
Coinrule was established in the year 2017 , in London by a team of blockchain and cryptocurrency enthusiasts. Its goal is at making trading cryptocurrencies easier by offering an automated platform for trading that can integrate safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than its target.
One of the main features of Coinrule is its easy to use automated trading. The market for cryptocurrency is extremely volatile, and it is often difficult for traders to keep up with 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 are able to put their cryptocurrency trading to autopilot and not have to spend hours poring over charts.
Coinrule has integrated trading strategies that traders can pick from. There are over 150 trading rules to pick from, making it easy for both experienced and novice traders to choose the best strategy for them. Furthermore, traders are able to pause rules at any point, and will be sent daily emails that contain trading signals that can help them adjust their strategy according to the changing market.
Another excellent feature of Coinrule is its backtesting capabilities. Traders can test out their trading rules on historical market data using TradingView. They can choose the cryptocurrency they plan to trade, the desired time frame as well as the strategy for trading and check how many trades the strategy has opened and closed, as well as its net profits, percentage of profit, maximum drawdown, and profit factor. This is a useful method to boost 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 levels, Starter, Hobbyist, Pro, and Trader, offering different options to traders of all levels. Prices start at $0 and go up and up to $499.99 per month, and traders are able to pay each month or annually. The annual plans can offer discounts of up to 25%.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the next level. With features such as automatized trading, integrated 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 your trading strategy.