The world of cryptocurrency trading is quite thrilling 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 tool for trading that helps traders adhere to their cryptocurrency strategy without the need to constantly monitor the markets. It is easy to use even for those with no programming expertise, and comes with various options that will take your trading to the next step.
Coinrule was founded in the year 2017 London by a group of cryptocurrency and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrencies easier by offering an automated trading platform that is able to integrate securely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above its goal.
One of the main advantages of Coinrule is its easy to use automated trading. The cryptocurrency markets can be very volatile and it is often challenging for investors to stay track of the ever-changing charts. Coinrule lets traders create trading rules, and then analyzes the market and then makes trades that fit into their strategies. This means that traders can set their cryptocurrency trading on autopilot and not have to look over charts for hours.
Coinrule provides integrated trading strategies that traders can select from. There are more than 150 trading rules to pick from which makes it simple for both new and experienced traders to choose an approach that is suitable for them. In addition, traders can stop rules at any time, and will be sent daily emails that contain trading signals that can help them adjust their strategies to market conditions.
Another great characteristic of Coinrule is its backtesting capabilities. Investors can test their trading strategies based by using historical market data in TradingView. You can choose the currency they will be trading and the time frame they want to use as well as the strategy for trading to determine how many trades that were opened and closed and also its net profits, percentage of profitability, maximum drawdown, and profit percentage. This can be a helpful tool for increasing a trader’s confidence 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 any of these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Trader, and Pro, with different options for traders at all levels. Prices vary from $0 and up to $499.99 per month, and traders have the option of paying either monthly or annually. The yearly plans offer discounts of up to%.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the highest level. With features like automated trading, built-in strategies for trading, backtesting opportunities, and support for a variety of trusted trading platforms, Coinrule provides a reliable tool that will aid you in making the most of your trading strategy.