The world of cryptocurrency trading can be quite exciting, but it can also become time-consuming and stressful for many traders. This is where Coinrule comes in. Coinrule can be described as an automatic trading tool that can help traders stick to their crypto strategy without having to constantly monitor the markets. It’s easy to use, even for those without coding knowledge, and provides a variety of options to help you take your trading to the highest step.
Coinrule was founded in 2017 in London by a group of crypto and blockchain enthusiasts. The company’s mission is at making trading cryptocurrency easier by offering an automated trading platform that is able to integrate securely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its target.
One of the most important features of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be very volatile and it can be challenging for investors to stay up with ever-changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that are compatible with their strategies. This means that traders are able to place their cryptocurrency trading to autopilot and not spend hours poring over charts.
Coinrule has integrated trading strategies that traders can pick from. There are over 150 trading rules to pick from that make it simple for both new and experienced traders to choose an approach that is suitable for them. Additionally, traders can pause rules at any time, and receive daily emails that contain trading signals which can assist them in adjusting their strategy to the market.
Another great feature 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 as well as the timeframe they wish to trade and trading strategy, and then check how many trades the strategy has opened and closed in addition to profits net, the percentage of profitability as well as the maximum drawdown and profit percentage. This can be a helpful method to boost a trader’s confidence in their trading strategies they develop.
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 integrate 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 start at $0 and go up and up to $499.99 per month, and traders are able to pay monthly or annually. Annual plans provide discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest possible level. With features such as automated trading, built-in strategies for trading as well as backtesting options, and support for a variety of trusted trading platforms, Coinrule provides a reliable tool that can aid you in making the most of your trading strategy.