The world of trading in cryptocurrency can be quite exciting however, it can be time-consuming and overwhelming 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 the need to constantly be on the lookout for market trends. It’s easy to use even for those without coding knowledge, and provides many options to help you take you trading experience to next level.
Coinrule was established in 2017 , in London by a group of cryptocurrency and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrencies easier by offering an automated platform for trading that can integrate safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over its target.
One of the key advantages of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be very volatile and it is often hard for trader to keep up with the ever-changing charts. Coinrule lets traders create trading rules, and then analyzes the market and then makes trades that are compatible with their plan of action. This means that traders can place their cryptocurrency trading up to run on autopilot, and not spend hours poring over charts.
Coinrule provides integrated trading strategies that investors can select from. There are over 150 rules to choose from, making it easy for both experienced and novice traders to choose an approach that is suitable for them. Additionally, traders can pause rules at any point, and they will receive free daily emails with signals for trading that can help them adjust their strategies to market conditions.
Another excellent aspect of Coinrule is its backtesting capabilities. Investors can test their trading strategy on historical market data using TradingView. They can select the coin they plan to trade, the desired time frame and trading strategy to determine how many trades that the strategy has opened and closed and also its net profits, percentage of profitability maximum drawdown, as well as profit factor. This can be a helpful instrument to increase the trust of traders in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader offering different options to traders at all levels. Prices start at $0 and go up and up to $499.99 per month, and traders are able to pay either monthly or annually. Annual plans provide discounts of up to%.
All in all, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the next level. With features such as automatized trading, integrated strategies for trading with backtesting capabilities, as well as the ability to support multiple trusted cryptocurrency exchanges Coinrule provides a reliable tool that can assist you in making the most out of any trading plan.