The world of trading in cryptocurrency can be quite exciting, but it can also be time-consuming and overwhelming for many traders. This is the point 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 continuously keep track of the market. It’s simple to use even for those without coding expertise, and comes with a variety of features that can take your trading to the highest level.
Coinrule was founded in 2017 , in London by a group of blockchain and cryptocurrency enthusiasts. Its goal is at making trading cryptocurrencies more efficient by providing an automated platform for trading that is able to integrate securely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its goal.
One of the main features of Coinrule is its easy to use automated trading. The cryptocurrency markets can be highly volatile and it is often difficult for traders to keep up with the ever-changing charts. Coinrule allows traders to set up trading rules and then examines the market and make trades that fit into their plan of action. This means that traders can place their cryptocurrency trading up to run on autopilot, and not look over charts for hours.
Coinrule also offers built-in trading strategies that traders can select from. There are more than 150 rules to choose from that make it simple for both novice and experienced traders to find a strategy that works for them. Additionally, traders can pause rules at any point, and receive daily emails that contain trading signals which can assist them in adjusting their strategies to market conditions.
Another excellent feature of Coinrule is the possibility of backtesting. Investors can test their trading rules with historical market data by using TradingView. They can select the coin they intend to trade and the time frame they want to use and trading strategy and check how many trades the strategy has opened and closed, as well as its net profits, the percentage of profit as well as the maximum drawdown and the profit ratio. This can be an effective tool for increasing a trader’s confidence in their trading strategies they develop.
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 connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader, offering different options to traders of all levels. Prices range from $0 through $499.99 per month. traders can choose to pay each month or annually. Annual plans provide discounts of up to 25%.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest possible level. With features like automatized trading, integrated strategies for trading as well as backtesting options, and support for multiple trustworthy exchanges, Coinrule provides a reliable tool that can help you make the most out of any trading plan.