The world of trading in cryptocurrency is quite thrilling, but it can also become time-consuming and stressful to many investors. This is the point where Coinrule comes in. Coinrule provides an efficient trading tool that can help traders stick to their crypto strategy without having to continuously be on the lookout for market trends. It is easy to use even for those with no programming knowledge, and provides a variety of features that can help you take trades to the highest level.
Coinrule was established in the year 2017 , in London by a team of crypto and blockchain enthusiasts. The company’s mission is at making trading cryptocurrencies easier by offering an automated platform for trading that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above its goal.
One of the most important features of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be very volatile and it can be hard for trader to keep up with the ever-changing charts. Coinrule allows traders to establish trading rules and then examines the market and make trades that fit into their strategy. This means that traders are able to set their cryptocurrency trading on autopilot and not have to look over charts for hours.
Coinrule has integrated trading strategies that investors can choose from. There are more than 150 rules available, making it easy for both new and experienced traders to find the best strategy for them. Additionally, traders can pause rules at any time, and receive daily emails with trading signals that can help them adjust their strategy according to the changing market.
Another great feature of Coinrule is the possibility of backtesting. Investors can test their trading rules with historical market data by using TradingView. You can choose the currency they intend to trade, the desired time frame as well as the strategy for trading and determine how many trades that the strategy has opened and closed in addition to the net profit, the percentage of profit as well as the maximum drawdown and the profit ratio. This can be a helpful tool for increasing a trader’s confidence in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Pro, and Trader, with a variety of options for traders of all levels. Prices start at $0 and go up to $499.99 per month. traders can choose to pay each month or annually. The annual plans can offer discounts up to 25 percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest level. With features such as automatized trading, integrated trading strategies, backtesting opportunities, and support for a variety of trusted exchanges, Coinrule can be a powerful instrument that can assist you in making the most of your trading strategy.