The world of trading cryptocurrency can be quite exciting however, it can be time-consuming and overwhelming in the eyes of many trader. This is where Coinrule comes in. Coinrule can be described as an automatic trading tool that can help traders stick to their cryptocurrency strategy without having to constantly be on the lookout for market trends. It’s easy to use, even for those without coding experience, and offers various features that can help you take trades to the highest level.
Coinrule was established in 2017 in London by a team of blockchain and cryptocurrency enthusiasts. The company aims to make trading in cryptocurrency less tedious 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, more than 200% above the amount it had set for.
One of the most important aspects of Coinrule is the easy to use automated trading. The market for cryptocurrency is extremely volatile, and it is often hard for trader to keep up with constantly changing charts. Coinrule lets traders set up trading rules and then analyzes the market and then makes trades that match their strategy. This means that traders can set their cryptocurrency trading to autopilot and not have to spend hours poring over charts.
Coinrule provides built-in trading strategies that traders can select from. There are more than 150 rules to choose from which makes it simple for both new and experienced traders to choose a strategy that works for them. In addition, traders can stop rules at any time, and receive daily emails with trading signals to help them adapt their strategies to market conditions.
Another wonderful feature of Coinrule is the possibility of backtesting. Traders can test out their trading rules with historical market data by using TradingView. They can select the coin they intend to trade, the desired time frame and trading strategy, and then check how many trades were opened and closed and also the net profit, percentage of profitability maximum drawdown, as well as the profit ratio. This can be a helpful tool for increasing the trust of traders in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can connect Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader, with a variety of options for traders of all levels. Prices vary from $0 through $499.99 per month, and traders can choose to pay each month or annually. Annual plans provide 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 exchanges, Coinrule can be a powerful tool that can aid you in making the most of any trading plan.