The world of trading cryptocurrency can be quite exciting, but it can also become time-consuming and stressful to many investors. 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 be on the lookout for market trends. It’s simple to use, even for those with no programming knowledge, and provides many features that can help you take your trading to the next level.
Coinrule was established in the year 2017 in London by a team of cryptocurrency and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrency less tedious by providing an automated trading platform which can be integrated safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over the amount it had set for.
One of the main advantages of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be extremely volatile, and it is often challenging for investors to stay up with ever-changing charts. Coinrule allows traders to establish trading rules and then examines the market and make trades that fit into their plan of action. This means that traders can set their cryptocurrency trading on autopilot and not spend hours poring over charts.
Coinrule has built-in trading strategies that traders can pick from. There are more than 150 trading rules to pick from which makes it simple for both novice and experienced traders to find the best strategy for them. Furthermore, traders are able to pause rules at any time and they will receive free daily emails with trading signals that can help them adjust their strategies to market conditions.
Another excellent feature of Coinrule is its backtesting capabilities. Traders can test out their trading strategy by using historical market data in TradingView. They can select the coin they intend to trade, the desired time frame, and the trading strategy and see how many trades the strategy opened and closed and also profits net, the percentage of profitability as well as the maximum drawdown and profit factor. This can be a helpful tool for increasing confidence of traders in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to use Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Trader, and Pro, offering different options to traders at all levels. Prices vary from $0 to $499.99 per month. traders are able to pay each month or annually. The yearly plans offer discounts up to 25%.
In the end, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the highest possible level. With features like automated trading, built-in trading strategies, backtesting opportunities, and the ability to support multiple trusted cryptocurrency exchanges Coinrule can be a powerful tool that will aid you in making the most out of any trading plan.