The world of trading in cryptocurrency can be quite exciting however, it can become time-consuming and stressful in the eyes of many trader. This is where Coinrule comes in. Coinrule can be described as an automatic trading tool that helps traders stick to their cryptocurrency strategy without having to continuously monitor the markets. It’s easy to use even for people with no programming experience, and offers various options that will boost your trading to the next step.
Coinrule was established in the year 2017 , in London by a group of crypto and blockchain enthusiasts. Its goal is to make trading in cryptocurrencies easier by offering an automated trading platform which can be integrated safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above the amount it had set for.
One of the main features of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is extremely volatile, and it is often difficult for traders to keep up with the constantly changing charts. Coinrule allows traders to set up trading rules and then monitors the market and makes trades that are compatible with their strategy. This means that traders can put their cryptocurrency trading to autopilot and not go through charts for hours.
Coinrule has built-in trading strategies that traders can choose from. There are more than 150 rules to choose from that make it simple for both new and experienced traders to discover the best strategy for them. Furthermore, traders are able to pause rules at any point, and they will receive free daily emails that contain trading signals that can help them adjust their strategy to the market.
Another wonderful characteristic of Coinrule is the possibility of backtesting. Investors can test their trading rules by using historical market data in TradingView. You can choose the currency they intend to trade and the time frame they want to use, and the trading strategy, and then determine how many trades that the strategy has opened and closed, as well as the net profit, the percentage of profitability, maximum drawdown, and the profit ratio. This is a useful tool for increasing a trader’s confidence in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can connect Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Pro, and Trader with different options for traders at all levels. Prices range from $0 to $499.99 per month. traders can choose to pay either monthly or annually. Annual plans provide discounts of up to%.
All in all, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest possible level. With features like automatized trading, integrated strategies for trading with backtesting capabilities, as well as support for a variety of trusted cryptocurrency exchanges Coinrule can be a powerful tool that can help you make the most out of your trading strategy.