The world of cryptocurrency trading can be quite exciting however, it can become time-consuming and stressful to many investors. This is 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 continuously keep track of the market. It’s easy to use, even for people with no programming experience, and offers a variety of features that can take your trading to the next level.
Coinrule was established in the year 2017 , in London by a team of blockchain and cryptocurrency enthusiasts. The company aims at making trading cryptocurrency more efficient by providing an automated trading platform that is able to integrate securely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than the amount it had set for.
One of the most important advantages of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be very volatile and it is often difficult for traders to keep track of the ever-changing charts. Coinrule allows traders to establish trading rules and then examines the market and make trades that are compatible with their strategies. This means that traders are able to set their cryptocurrency trading up to run on autopilot, and not look over charts for hours.
Coinrule provides integrated trading strategies that traders can select from. There are over 150 rules available, making it easy for both new and experienced traders to choose the best strategy for them. In addition, traders can stop rules at any time, and receive daily emails with signals for trading to help them adapt their strategy according to the changing market.
Another great feature of Coinrule is its backtesting capabilities. The traders can test their trading strategy with historical market data by using TradingView. They can choose the cryptocurrency they will be trading and the time frame they want to use as well as the strategy for trading to see how many trades the strategy has opened and closed in addition to profits net, the percentage of profit, maximum drawdown, and profit percentage. This can be a helpful method to boost confidence of traders in the trading rules they create.
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 integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Trader, and Pro, with a variety of options for traders of all levels. Prices range from $0 to $499.99 per month. traders have the option of paying either monthly or annually. The annual plans can offer discounts up to 25%.
All in all, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the highest possible level. With features like automatic trading and built-in strategies for trading with backtesting capabilities, as well as support for multiple trustworthy cryptocurrency exchanges Coinrule can be a powerful tool that can aid you in making the most out of your trading strategy.