The world of trading in cryptocurrency can be quite exciting however, it can become time-consuming and stressful for many traders. This is where Coinrule comes in. 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 a variety of options that will boost you trading experience to next level.
Coinrule was founded in the year 2017 London by a group of crypto and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrency more efficient by providing an automated trading platform that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above the amount it had set for.
One of the main features of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be highly volatile and it is often challenging for investors to stay up with ever-changing charts. Coinrule allows traders to establish trading rules and then monitors the market and makes trades that are compatible with their plan of action. This means that traders are able to set their cryptocurrency trading on autopilot, and not go through charts for hours.
Coinrule also offers integrated trading strategies that traders can select from. There are over 150 rules available that make it simple for both new and experienced traders to discover a strategy that works for them. Furthermore, traders are able to pause rules at any time and they will receive free daily emails with trading signals that can help them adjust their strategies to market conditions.
Another wonderful feature of Coinrule is its backtesting opportunities. Traders can test out 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 as well as the strategy for trading and determine how many trades that the strategy opened and closed in addition to profits net, the percentage of profitability, maximum drawdown, and profit percentage. This is a useful tool for increasing the trust of traders in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can integrate 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 start at $0 and go up through $499.99 per month. traders have the option of paying monthly or annually. The yearly plans offer discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the next level. With features such as automatized trading, integrated strategies for trading, backtesting opportunities, and support for multiple trustworthy cryptocurrency exchanges Coinrule provides a reliable tool that can aid you in making the most of the trading strategies you employ.