The world of cryptocurrency trading can be quite exciting, but it can also become time-consuming and stressful to many investors. This is the point where Coinrule comes in. Coinrule can be described as an automatic tool for trading that helps traders stick to their cryptocurrency strategy without having to constantly be on the lookout for market trends. It’s easy to use, even for those with no programming knowledge, and provides various features that can take trades to the next level.
Coinrule was established in 2017 , in London by a group of cryptocurrency 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 various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, 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 can be hard for trader to keep track of the constantly changing charts. Coinrule allows traders to establish trading rules and then monitors the market and makes trades that fit into their strategies. This means that traders are able to put their cryptocurrency trading up to run on autopilot, and not go through charts for hours.
Coinrule provides integrated trading strategies that investors can pick from. There are over 150 rules available that make it simple for both experienced and novice traders to choose the best strategy for them. In addition, traders can stop rules at any time and will be sent daily emails with signals for trading to help them adapt their strategy to the market.
Another excellent characteristic of Coinrule is the possibility of backtesting. Traders can test out their trading strategy on historical market data using TradingView. They can select the coin they intend to trade, the desired time frame as well as the strategy for trading to determine how many trades that were opened and closed in addition to its net profits, percentage of profit, maximum drawdown, and profit factor. This can be an effective tool for increasing the trust of traders in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can integrate Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Trader, and Pro, with different options for traders of all levels. Prices start at $0 and go up to $499.99 per month, and traders have the option of paying either monthly or annually. The annual plans can offer discounts of up to 25%.
Overall, 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 the ability to support multiple trusted cryptocurrency exchanges Coinrule is a robust instrument that can assist you in making the most of any trading plan.