The world of cryptocurrency trading can be quite exciting However, it can be time-consuming and overwhelming in the eyes of many trader. This is 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 monitor the markets. It’s simple to use even for those with no programming expertise, and comes with various features that can boost you trading experience to highest step.
Coinrule was established in 2017 in London by a group of blockchain and cryptocurrency enthusiasts. The company’s mission is at making trading cryptocurrencies easier by offering an automated trading platform that can integrate safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than the amount it had set for.
One of the most important aspects of Coinrule is the easy to use automated trading. The markets for cryptocurrency can be very volatile and it can be challenging for investors to stay up with the constantly changing charts. Coinrule lets traders establish trading rules and then monitors the market and makes trades that fit into their strategy. This allows traders to place their cryptocurrency trading up to run on autopilot, and not spend hours poring over charts.
Coinrule has built-in trading strategies that traders can choose from. There are over 150 rules available which makes it simple for both novice and experienced traders to choose a strategy that works for them. Additionally, traders can pause rules at any time, and receive daily emails that contain trading signals that can help them adjust their strategy according to the changing market.
Another great feature of Coinrule is the possibility of backtesting. The traders can test their trading strategies based on historical market data using TradingView. They can select the coin they will be trading, the desired time frame as well as the strategy for trading and see how many trades the strategy has opened and closed and also its net profits, percentage of profitability as well as the maximum drawdown and the profit ratio. This is a useful method to boost the trust of traders in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges like 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, Starter, Hobbyist, Pro, and Trader with different options for traders of all levels. Prices range from $0 through $499.99 per month, and traders can choose to pay monthly or annually. Annual plans provide discounts of up to 25%.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the next level. With features such as automatic trading and built-in strategies for trading with backtesting capabilities, as well as support for a variety of trusted exchanges, Coinrule can be a powerful tool that can assist you in making the most of any trading plan.