The world of cryptocurrency trading can be quite exciting however, it can become time-consuming and stressful to many investors. This is where Coinrule comes in. Coinrule can be described as an automatic trading tool that can help traders stick to their cryptocurrency strategy without having to constantly keep track of the market. It’s simple to use, even for those with no programming experience, and offers various options to help you take your trading to the next level.
Coinrule was established in the year the year 2017 London by a group of crypto and blockchain enthusiasts. The company’s mission is at making trading cryptocurrency more efficient by providing an automated platform for trading that can integrate safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its goal.
One of the key aspects of Coinrule is the easy-to-use automated trading system. The markets for cryptocurrency can be extremely volatile, and it can be challenging for investors to stay up with ever-changing charts. Coinrule allows traders to set up trading rules and then examines the market and make trades that match their strategy. This means that traders can put their cryptocurrency trading up to run on autopilot and not have to spend hours poring over charts.
Coinrule has built-in trading strategies that traders can pick from. There are more than 150 rules to choose from which makes it simple for both new and experienced traders to find the best strategy for them. In addition, traders can stop rules at any time and they will receive free daily emails with trading signals that can help them adjust their strategy to the market.
Another great aspect of Coinrule is its backtesting capabilities. The traders can test their trading rules by using historical market data in 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 were opened and closed, as well as the net profit, the percentage of profitability, maximum drawdown, and the profit ratio. This can be a helpful tool for increasing confidence of traders in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to integrate Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader, with a variety of options for traders at all levels. Prices start at $0 and go up and up to $499.99 per month, and traders have the option of paying either monthly or annually. The annual plans can offer discounts up to 25 percent.
Overall, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the next level. With features such as automated trading, built-in trading strategies as well as backtesting options, and the ability to support multiple trusted exchanges, Coinrule can be a powerful tool that can aid you in making the most of your trading strategy.