The world of cryptocurrency trading can be very exciting however, it can become time-consuming and stressful in the eyes of many trader. This is where Coinrule comes in. Coinrule provides an efficient trading tool that can help traders adhere to their cryptocurrency strategy without the need to constantly keep track of the market. It’s easy to use even for those with no programming expertise, and comes with many options that will take trades to the next step.
Coinrule was founded in the year 2017 London by a group of crypto and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrency easier by offering an automated trading platform that can integrate safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above its goal.
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 can be 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 are compatible with their plan of action. This means that traders can place their cryptocurrency trading up to run on autopilot and not go through charts for hours.
Coinrule provides integrated trading strategies that traders can select from. There are more than 150 rules to choose from that make it simple for both new and experienced traders to discover an approach that is suitable for them. Furthermore, traders are able to pause rules at any point, and they will receive free daily emails that contain trading signals to help them adapt their strategies to market conditions.
Another wonderful aspect of Coinrule is its backtesting capabilities. Investors can test their trading strategies based by using historical market data in TradingView. They can select the coin they intend to trade and the time frame they want to use, and the trading strategy, and then check how many trades the strategy has opened and closed, as well as profits net, the percentage of profitability as well as the maximum drawdown and profit percentage. This can be a helpful method to boost a trader’s confidence in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Pro, and Trader with different options for traders at all levels. Prices range from $0 to $499.99 per month, and traders are able to pay monthly or annually. Annual plans provide discounts of up to percent.
All in all, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the next level. With features like automatic trading and built-in strategies for trading with backtesting capabilities, as well as support for multiple trustworthy exchanges, Coinrule provides a reliable tool that can help you make the most out of the trading strategies you employ.