The world of cryptocurrency trading is quite thrilling however, it can become time-consuming and stressful in the eyes of many trader. This is the point where Coinrule comes in. Coinrule can be described as an automatic trading tool that helps traders stick to their cryptocurrency strategy without having to constantly monitor the markets. It is easy to use even for those with no programming experience, and offers many features that can help you take trades to the next level.
Coinrule was founded in 2017 , in London by a team of crypto and blockchain enthusiasts. The company’s mission is at making trading cryptocurrency more efficient by providing an automated trading platform which can be integrated safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its goal.
One of the most important features of Coinrule is its user-friendly automated trading. The market for cryptocurrency is very volatile and it can be difficult for traders to keep up with ever-changing charts. Coinrule allows traders to create trading rules, and then analyzes the market and then makes trades that match their plan of action. This means that traders are able to set their cryptocurrency trading on autopilot and not go through charts for hours.
Coinrule provides integrated trading strategies that traders can pick from. There are over 150 rules to choose from, making it easy for both novice and experienced traders to discover the best strategy for them. Additionally, traders can pause rules at any time and they will receive free daily emails with trading signals that can help them adjust their strategy to the market.
Another excellent aspect of Coinrule is its backtesting opportunities. The traders can test their trading rules on historical market data using TradingView. You can choose the currency they plan to trade and the time frame they want to use and trading strategy, and then check how many trades the strategy opened and closed and also the net profit, the percentage of profitability, maximum drawdown, and profit factor. This can be a helpful tool for increasing a trader’s confidence 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. This means that traders can use Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader with different options for traders of all levels. Prices start at $0 and go up through $499.99 per month, and traders are able to pay each month or annually. The yearly plans offer discounts of up to%.
Overall, 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 trading strategies with backtesting capabilities, as well as support for a variety of trusted trading platforms, Coinrule can be a powerful tool that can aid you in making the most of any trading plan.