The world of trading cryptocurrency is quite thrilling However, it can become time-consuming and stressful to many investors. This is where Coinrule comes in. Coinrule can be described as an automatic tool for trading that helps traders stick to their crypto strategy without having to constantly keep track of the market. It’s simple to use even for people with no programming expertise, and comes with a variety of features that can boost trades to the highest step.
Coinrule was established in the year 2017 London by a team of blockchain and cryptocurrency enthusiasts. The company aims to make trading in cryptocurrency more efficient by providing an automated trading platform that can integrate safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than the amount it had set for.
One of the most important aspects of Coinrule is the easy-to-use automated trading system. The markets for cryptocurrency can be very volatile and it can be hard for trader to keep up with ever-changing charts. Coinrule lets traders set up trading rules and then analyzes the market and then makes trades that fit into their plan of action. This means that traders can set their cryptocurrency trading up to run on autopilot and not have to go through charts for hours.
Coinrule has built-in trading strategies that traders can choose from. There are more than 150 trading rules to pick from which makes it simple for both new and experienced traders to choose a strategy that works for them. Furthermore, traders are able to pause rules at any point, and they will receive free daily emails that contain trading signals which can assist them in adjusting their strategy to the market.
Another great feature of Coinrule is its backtesting capabilities. The traders can test their trading strategy by using historical market data in TradingView. They can choose the cryptocurrency they will be trading and the time frame they want to use and trading strategy, and then check how many trades the strategy opened and closed and also profits net, percentage of profit as well as the maximum drawdown and profit factor. This can be an effective instrument to increase confidence of traders in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Pro, and Trader, with a variety of options for traders of all levels. Prices range from $0 and up to $499.99 per month. traders are able to pay each month or annually. The annual plans can offer discounts of up to%.
In the end, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the next level. With features like automated trading, built-in strategies for trading with backtesting capabilities, as well as the ability to support multiple trusted cryptocurrency exchanges Coinrule is a robust tool that will assist you in making the most of your trading strategy.