The world of cryptocurrency trading can be very exciting However, it can 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 cryptocurrency 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 various options that will take you trading experience to next level.
Coinrule was founded in the year 2017 London by a team of crypto and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrencies more efficient by providing an automated platform for trading which can be integrated safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its goal.
One of the most important advantages of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is very volatile and it is often hard for trader to keep track of the ever-changing charts. Coinrule lets traders establish trading rules and then monitors the market and makes trades that fit into their plan of action. This allows traders to set their cryptocurrency trading on autopilot, and not look over charts for hours.
Coinrule also offers integrated trading strategies that traders can select from. There are over 150 rules available, making it easy for both new and experienced traders to find an approach that is suitable for them. In addition, traders can stop rules at any time and they will receive free daily emails with trading signals to help them adapt their strategy to the market.
Another wonderful characteristic of Coinrule is the possibility of backtesting. The traders can test their trading strategy with historical market data by using TradingView. They can choose the cryptocurrency they will be trading, the desired time frame and trading strategy to see how many trades the strategy opened and closed, as well as the net profit, percentage of profitability, maximum drawdown, and profit percentage. This can be an effective method to boost a trader’s confidence in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges like 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 that include Starter, Hobbyist Trader, and Pro, offering different options to traders at all levels. Prices start at $0 and go up to $499.99 per month, and traders can choose to pay monthly or annually. The annual plans can offer discounts of up to 25%.
All in all, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest level. With features such as automatic trading and built-in strategies for trading, backtesting opportunities, and support for a variety of trusted trading platforms, Coinrule provides a reliable instrument that can aid you in making the most out of the trading strategies you employ.