The world of cryptocurrency trading is quite thrilling, but it can also 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 adhere to their cryptocurrency strategy without the need to constantly be on the lookout for market trends. It’s simple to use even for those without coding experience, and offers a variety of options that will help you take your trading to the next step.
Coinrule was established in the year the year 2017 London by a group of crypto and blockchain enthusiasts. The company aims to make trading in cryptocurrencies easier by offering an automated trading platform which can be integrated safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its goal.
One of the most important features of Coinrule is its user-friendly automated trading. The market for cryptocurrency is very volatile and it is often hard for trader to keep up with the ever-changing charts. Coinrule allows traders to establish trading rules and then monitors the market and makes trades that are compatible with their strategy. This means that traders are able to place their cryptocurrency trading to autopilot, and not go through charts for hours.
Coinrule has integrated trading strategies that investors can pick from. There are over 150 rules available which makes it simple for both novice and experienced traders to discover the best strategy for them. Furthermore, traders are able to pause rules at any point, and receive daily emails with signals for trading which can assist them in adjusting their strategy according to the changing market.
Another wonderful characteristic of Coinrule is the possibility of backtesting. The traders can test their trading rules on historical market data using TradingView. They can choose the cryptocurrency they plan to trade, the desired time frame and trading strategy, and then check how many trades the strategy opened and closed and also its net profits, the percentage of profit, maximum drawdown, and profit percentage. This can be an effective method to boost the trust of traders in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to connect Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader offering different options to traders of all levels. Prices range from $0 and up to $499.99 per month. traders have the option of paying either monthly or annually. Annual plans provide discounts of up to 25%.
All in all, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the highest possible level. With features such as automatized trading, integrated trading strategies with backtesting capabilities, as well as support for a variety of trusted exchanges, Coinrule is a robust tool that can assist you in making the most of your trading strategy.