The world of trading in cryptocurrency can be quite exciting however, it can be time-consuming and overwhelming for many traders. This is where Coinrule is able to help. Coinrule can be described as an automatic tool for trading that helps traders stick to their crypto strategy without the need to constantly keep track of the market. It’s easy to use, even for people with no programming expertise, and comes with various features that can boost trades to the highest step.
Coinrule was founded in 2017 in London by a team of blockchain and cryptocurrency enthusiasts. The company’s mission is create a system that makes trading cryptocurrency less tedious by providing an automated trading platform which can be integrated safely 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 aspects of Coinrule is the easy-to-use automated trading system. The markets for cryptocurrency can be extremely volatile, and it can be challenging for investors to stay up with the constantly changing charts. Coinrule allows traders to set up trading rules and then monitors the market and makes trades that match their strategy. This means that traders are able to place their cryptocurrency trading up to run on autopilot and not have to spend hours poring over charts.
Coinrule also offers integrated trading strategies that investors can select from. There are more than 150 rules available that make it simple for both novice and experienced traders to find the best strategy for them. Additionally, traders can pause 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. Investors can test their trading rules on historical market data using TradingView. They can select the coin they intend to trade and the time frame they want to use as well as the strategy for trading to check how many trades the strategy opened and closed in addition to the net profit, percentage of profitability, maximum drawdown, and profit factor. This can be an effective method to boost confidence 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 use Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Trader, and Pro, with a variety of options for traders of all levels. Prices vary from $0 to $499.99 per month, and traders can choose to pay either monthly or annually. The yearly plans offer discounts of up to 25 percent.
Overall, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest level. With features such as automated trading, built-in strategies for trading with backtesting capabilities, as well as the ability to support multiple trusted cryptocurrency exchanges Coinrule provides a reliable tool that will help you make the most of the trading strategies you employ.