The world of cryptocurrency trading is quite thrilling, but it can also 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 stick to their crypto strategy without having to continuously be on the lookout for market trends. It’s simple to use, even for people with no programming experience, and offers a variety of features that can take your trading to the next level.
Coinrule was established in the year the year 2017 London by a team of crypto and blockchain enthusiasts. The company aims at making trading cryptocurrencies more efficient by providing 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, greater than 200% over its goal.
One of the key features of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be extremely volatile, and it can be challenging for investors to stay track of the constantly changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that fit into their plan of action. This means that traders can set their cryptocurrency trading to autopilot and not go through charts for hours.
Coinrule provides built-in trading strategies that traders can select from. There are over 150 trading rules to pick from which makes it simple for both novice and experienced traders to find a strategy that works for them. Additionally, traders can pause rules at any time and will be sent daily emails that contain trading signals that can help them adjust their strategy according to the changing market.
Another great feature of Coinrule is its backtesting capabilities. The traders can test their trading strategies based with historical market data by using TradingView. They can choose the cryptocurrency they plan to trade and the time frame they want to use as well as the strategy for trading and check how many trades the strategy has opened and closed, as well as its net profits, the percentage of profitability, maximum drawdown, and profit percentage. This is a useful method to boost a trader’s confidence in the trading rules they create.
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 use Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Trader, and Pro, with different options for traders at all levels. Prices vary from $0 through $499.99 per month, and traders can choose to pay either monthly or annually. The annual plans can offer discounts of up to%.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the next level. With features like automatic trading and built-in strategies for trading as well as backtesting options, and support for a variety of trusted exchanges, Coinrule provides a reliable tool that can assist you in making the most out of any trading plan.