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 is able to help. Coinrule can be described as an automatic trading tool that can help traders stick to their crypto strategy without having to continuously monitor the markets. It’s simple to use even for people with no programming knowledge, and provides many options that will boost you trading experience to highest step.
Coinrule was established in the year the year 2017 London by a group of cryptocurrency and blockchain enthusiasts. Its goal is to make trading in cryptocurrency less tedious by providing an automated platform for trading which can be integrated safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over the amount it had set for.
One of the most important advantages of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be very volatile and it is often hard for trader to keep up with ever-changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that match their strategy. This means that traders are able to put their cryptocurrency trading to autopilot, and not go through charts for hours.
Coinrule provides built-in trading strategies that traders can pick from. There are over 150 trading rules to pick from that make it simple for both new and experienced traders to find an approach that is suitable for them. Furthermore, traders are able to pause rules at any time, and they will receive free daily emails with trading signals to help them adapt their strategy according to the changing market.
Another wonderful aspect of Coinrule is its backtesting capabilities. The traders can test their trading strategy with historical market data by using TradingView. They can choose the cryptocurrency they will be trading as well as the timeframe they wish to trade and trading strategy to determine how many trades that the strategy opened and closed, as well as the net profit, percentage of profit as well as the maximum drawdown and profit factor. This can be a helpful tool for increasing the trust of traders in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Pro, and Trader, offering different options to traders at all levels. Prices vary from $0 to $499.99 per month, and traders can choose to pay each month or annually. The yearly plans offer discounts of up to 25%.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest level. With features like automated trading, built-in trading strategies with backtesting capabilities, as well as the ability to support multiple trusted exchanges, Coinrule provides a reliable instrument that can assist you in making the most of any trading plan.