The world of trading in cryptocurrency can be very exciting However, it can become time-consuming and stressful to many investors. 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 keep track of the market. It’s simple to use even for people with no programming knowledge, and provides a variety of options to help you take your trading to the highest step.
Coinrule was founded in 2017 , in London by a team of cryptocurrency and blockchain enthusiasts. Its goal is at making trading cryptocurrency less tedious by providing an automated platform for trading that can integrate safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its goal.
One of the key features of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be very volatile and it can be hard for trader to keep up with the constantly changing charts. Coinrule lets traders create trading rules, and then monitors the market and makes trades that fit into their plan of action. This means that traders are able to set their cryptocurrency trading up to run on autopilot and not have to go through charts for hours.
Coinrule provides integrated trading strategies that traders can pick from. There are more than 150 rules to choose from that make it simple for both new and experienced traders to choose an approach that is suitable for them. Additionally, traders can pause rules at any point, and receive daily emails with signals for trading which can assist them in adjusting their strategy to the market.
Another wonderful feature of Coinrule is its backtesting capabilities. Traders can test out their trading strategy with historical market data by using TradingView. They can choose the cryptocurrency they plan to trade as well as the timeframe they wish to trade, and the trading strategy, and then determine how many trades that the strategy has opened and closed, as well as profits net, the percentage of profit maximum drawdown, as well as the profit ratio. This can be an effective tool for increasing the trust of traders in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Trader, and Pro, offering different options to traders at all levels. Prices start at $0 and go up to $499.99 per month. traders are able to pay each month or annually. Annual plans provide discounts of up to 25%.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest level. With features such as automated trading, built-in trading strategies, backtesting opportunities, and the ability to support multiple trusted exchanges, Coinrule provides a reliable tool that can assist you in making the most out of your trading strategy.