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 is in. Coinrule can be described as an automatic trading tool that helps traders stick to their crypto strategy without having to constantly monitor the markets. It’s easy to use, even for those without coding knowledge, and provides various options that will help you take your trading to the highest step.
Coinrule was established in 2017 at London by a team of cryptocurrency and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrencies easier by offering an automated trading platform that can integrate safely with saeveral exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over the amount it had set for.
One of the key features of Coinrule is its user-friendly , automated trading. The cryptocurrency markets can be very volatile, and it is often hard for trader to keep track of the constantly 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 has built-in trading strategies that traders can pick from. There are more than 150 rules available which makes it simple for both new and experienced traders to choose a strategy that works for them. Additionally, traders can pause rules at any time, and will be sent daily emails with trading signals that can help them adjust their strategies according to market conditions.
Another great 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 plan to trade, the desired time frame as well as the strategy for trading and determine how many trades that the strategy opened and closed in addition to the net profit, percentage of profit as well as the maximum drawdown and profit factor. This is an excellent method to boost a trader’s confidence in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to use Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader, with different options for traders of all levels. Prices range from $0 and up to $499.99 per month. traders can choose to pay monthly or annually. The yearly plans offer discounts up to 25%.
Overall, Coinrule offers a user-friendly and easy-to-use experience that will boost your cryptocurrency trading experience to the highest level. With features such as automatic trading and built-in strategies for trading, backtesting opportunities, and the ability to support multiple trusted trading platforms, Coinrule can be viewed as a powerful tool that will help you get the most out of any trading plan.