The world of trading cryptocurrency can be quite exciting however, it can become time-consuming and stressful in the eyes of many trader. This is the point where Coinrule is able to help. Coinrule can be described as an automatic trading tool that can help traders stick to their crypto strategy without having to continuously be on the lookout for market trends. It’s simple to use, even for those without coding knowledge, and provides a variety of features that can take you trading experience to highest step.
Coinrule was founded in 2017 , in London by a group of blockchain and cryptocurrency enthusiasts. Its goal is to make trading in cryptocurrencies less tedious by providing an automated platform for trading that can integrate safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its target.
One of the most important aspects of Coinrule is the user-friendly automated trading. The market for cryptocurrency is highly volatile and it can be challenging for investors to stay track of the ever-changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that match their plan of action. This allows traders to place their cryptocurrency trading to autopilot, and not go through charts for hours.
Coinrule provides built-in trading strategies that traders can pick from. There are over 150 trading rules to pick from which makes it simple for both new and experienced traders to discover the best strategy for them. In addition, traders can stop rules at any time, and receive daily emails with signals for trading that can help them adjust their strategies to market conditions.
Another great characteristic of Coinrule is the possibility of backtesting. Traders can test out 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, and the trading strategy and check how many trades the strategy has opened and closed, as well as the net profit, percentage of profit as well as the maximum drawdown and profit factor. This is a useful method to boost a trader’s confidence in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can use Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader, with different options for traders at all levels. Prices range from $0 and up 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 convenient experience that can take your cryptocurrency trading to the highest possible level. With features like automated trading, built-in strategies for trading with backtesting capabilities, as well as support for a variety of trusted cryptocurrency exchanges Coinrule is a robust tool that will help you make the most of your trading strategy.