The world of cryptocurrency trading can be quite exciting however, it can become time-consuming and stressful to many investors. This is the point where Coinrule comes in. Coinrule can be described as an automatic tool for trading that helps traders stick to their cryptocurrency strategy without the need to constantly monitor the markets. It is easy to use, even for those without coding expertise, and comes with a variety of options to take trades to the next level.
Coinrule was founded in the year 2017 London by a team of cryptocurrency and blockchain enthusiasts. The company’s mission is at making trading cryptocurrency less tedious by providing an automated trading platform that is able to integrate securely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than 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 extremely volatile, and it can be hard for trader to keep up with 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 to autopilot, and not spend hours poring over charts.
Coinrule has integrated trading strategies that investors can select from. There are more than 150 rules to choose from, making it easy for both new and experienced traders to choose the best strategy for them. Additionally, traders can pause rules at any point, and receive daily emails that contain trading signals that can help them adjust their strategy to the market.
Another wonderful aspect of Coinrule is its backtesting opportunities. Investors can test their trading rules with historical market data by using TradingView. You can choose the currency they intend to trade as well as the timeframe they wish to trade and trading strategy to check how many trades the strategy has opened and closed and also the net profit, percentage of profit maximum drawdown, as well as profit percentage. This can be an effective tool for increasing the trust of traders in their trading strategies they develop.
Coinrule is also compatible with a variety of reliable exchanges like 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 tiers, Starter, Hobbyist, Trader, and Pro, offering different options to traders of all levels. Prices vary from $0 to $499.99 per month. traders can choose to pay monthly or annually. The yearly plans offer discounts of up to 25%.
All in all, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the highest level. With features such as automated trading, built-in trading strategies, backtesting opportunities, and support for a variety of trusted trading platforms, Coinrule is a robust tool that will aid you in making the most out of the trading strategies you employ.