The world of trading in cryptocurrency can be quite exciting, but it can also become time-consuming and stressful to many investors. This is 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 keep track of the market. It’s easy to use, even for people with no programming expertise, and comes with a variety of options to help you take your trading to the highest step.
Coinrule was established in the year 2017 , in London by a group of blockchain and cryptocurrency enthusiasts. The company’s mission is to make trading in cryptocurrencies more efficient by providing an automated trading platform that is able to integrate securely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above its target.
One of the key features of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be highly volatile and it is often hard for trader to keep up with constantly changing charts. Coinrule lets traders establish trading rules and then monitors the market and makes trades that are compatible with their strategy. This means that traders can place their cryptocurrency trading to autopilot and not look over charts for hours.
Coinrule also offers integrated trading strategies that traders can choose from. There are more than 150 rules to choose from which makes it simple for both novice and experienced traders to choose an approach that is suitable for them. Additionally, traders can pause rules at any point, and receive daily emails with trading signals that can help them adjust their strategies to market conditions.
Another excellent characteristic of Coinrule is its backtesting opportunities. 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 as well as the strategy for trading to determine how many trades that were opened and closed and also profits net, percentage of profitability as well as the maximum drawdown and profit percentage. This can be a helpful instrument to increase 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. So, traders are able to integrate Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader, with different options for traders at all levels. Prices range from $0 to $499.99 per month. traders can choose to pay each month or annually. The annual plans can offer discounts of up to 25 percent.
Overall, 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 strategies for trading, backtesting opportunities, and support for a variety of trusted exchanges, Coinrule provides a reliable tool that can aid you in making the most out of the trading strategies you employ.