The world of trading cryptocurrency can be quite exciting however, it can be time-consuming and overwhelming for many traders. This is the point where Coinrule comes in. Coinrule can be described as an automatic tool for trading that helps traders stick to their crypto strategy without the need to constantly monitor the markets. It’s easy to use even for those with no programming expertise, and comes with a variety of options that will boost your trading to the next step.
Coinrule was established in the year 2017 , in London by a group of crypto and blockchain enthusiasts. Its goal is to make trading in cryptocurrency easier by offering an automated trading platform which can be integrated safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over its target.
One of the main features of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be very volatile and it can be hard for trader to keep track of the constantly changing charts. Coinrule lets traders establish trading rules and then monitors the market and makes trades that fit into their plan of action. This allows traders to put their cryptocurrency trading to autopilot, and not spend hours poring over charts.
Coinrule provides integrated trading strategies that traders can choose from. There are more than 150 trading rules to pick from that make it simple for both novice and experienced traders to discover the best strategy for them. Furthermore, traders are able to pause rules at any time and receive daily emails with trading signals which can assist them in adjusting their strategy according to the changing market.
Another excellent aspect of Coinrule is the possibility of backtesting. Investors can test their trading strategy by using historical market data in TradingView. They can choose the cryptocurrency they intend to trade and the time frame they want to use, and the trading strategy, and then determine how many trades that the strategy has opened and closed in addition to profits net, the percentage of profitability maximum drawdown, as well as profit factor. This is a useful method to boost the trust of traders in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Pro, and Trader offering different options to traders at all levels. Prices vary from $0 to $499.99 per month, and traders can choose to pay each month or annually. The annual plans can offer discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest possible level. With features such as automated trading, built-in trading strategies, backtesting opportunities, and support for multiple trustworthy trading platforms, Coinrule provides a reliable tool that will assist you in making the most of the trading strategies you employ.