The world of trading in cryptocurrency is quite thrilling, but it can also become time-consuming and stressful in the eyes of many trader. This is the point where Coinrule is able to help. Coinrule can be described as an automatic trading tool that helps traders adhere to their cryptocurrency strategy without the need to constantly monitor the markets. It’s simple to use even for people with no programming knowledge, and provides various options to boost your trading to the next step.
Coinrule was founded in 2017 in London by a group of cryptocurrency and blockchain enthusiasts. The company aims to make trading in cryptocurrencies more efficient by providing an automated platform for trading which can be integrated safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its target.
One of the main features of Coinrule is its user-friendly automated trading. The market for cryptocurrency is extremely volatile, and it can be difficult for traders to keep up with ever-changing charts. Coinrule lets traders create trading rules, and then analyzes the market and then makes trades that fit into their strategies. This means that traders are able to set their cryptocurrency trading to autopilot and not go through charts for hours.
Coinrule also offers integrated trading strategies that investors can choose from. There are over 150 trading rules to pick from, making it easy for both experienced and novice traders to discover the best strategy for them. Furthermore, traders are able to pause rules at any time, and receive daily emails with trading signals that can help them adjust their strategy according to the changing market.
Another great aspect of Coinrule is its backtesting opportunities. Investors can test their trading strategy by using historical market data in TradingView. They can select the coin they plan to trade as well as the timeframe they wish to trade as well as the strategy for trading to determine how many trades that were opened and closed in addition to the net profit, the percentage of profitability, maximum drawdown, and profit percentage. This can be a helpful tool for increasing the trust of traders 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. So, traders are able to integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Pro, and Trader, offering different options to traders at all levels. Prices range from $0 and up to $499.99 per month, and traders have the option of paying each month or annually. The annual plans can offer discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest possible level. With features such as automatized trading, integrated trading strategies, backtesting opportunities, and support for multiple trustworthy cryptocurrency exchanges Coinrule provides a reliable instrument that can help you make the most out of any trading plan.