The world of trading cryptocurrency 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 crypto strategy without having to constantly monitor the markets. It’s simple to use even for people with no programming knowledge, and provides various features that can boost your trading to the highest level.
Coinrule was established in 2017 in London by a team of crypto and blockchain enthusiasts. Its goal is at making trading 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, greater than 200% over the amount it had set for.
One of the key features of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be highly volatile and it can be challenging for investors to stay up with ever-changing charts. Coinrule allows traders to create trading rules, and then examines the market and make trades that are compatible with their strategy. This means that traders are able to place their cryptocurrency trading to autopilot and not look over charts for hours.
Coinrule also offers built-in trading strategies that traders can pick from. There are over 150 trading rules to pick from that make it simple for both novice and experienced traders to find an approach that is suitable for them. Additionally, traders can pause rules at any time, and receive daily emails that contain trading signals which can assist them in adjusting their strategy according to the changing market.
Another great feature of Coinrule is the possibility of backtesting. Investors can test their trading rules on historical market data 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 see how many trades the strategy has opened and closed in addition to its net profits, percentage of profitability maximum drawdown, as well as profit factor. This is a useful tool for increasing a trader’s confidence in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to use Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Trader, and Pro, with different options for traders of all levels. Prices start at $0 and go up and up to $499.99 per month, and traders are able to pay monthly or annually. Annual plans provide discounts up to 25%.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the highest possible level. With features such as automatized trading, integrated trading strategies, backtesting opportunities, and support for a variety of trusted trading platforms, Coinrule provides a reliable instrument that can help you make the most out of the trading strategies you employ.