The world of trading in cryptocurrency can be quite exciting, but it can also be time-consuming and overwhelming to many investors. This is the point where Coinrule is able to help. Coinrule can be described as an automatic trading tool that can help traders adhere to their cryptocurrency strategy without having to continuously monitor the markets. It is easy to use, even for people with no programming expertise, and comes with many features that can take you trading experience to highest level.
Coinrule was established in the year 2017 London by a team of blockchain and cryptocurrency enthusiasts. The company’s mission is at making trading cryptocurrencies more efficient by providing an automated platform for trading that can integrate safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above 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 difficult for traders to keep track of the ever-changing charts. Coinrule allows traders to establish trading rules and then monitors the market and makes trades that match their strategies. This allows traders to put their cryptocurrency trading on autopilot and not have to look over charts for hours.
Coinrule has integrated trading strategies that investors can select from. There are over 150 rules available which makes it simple for both novice and experienced traders to discover a strategy that works for them. In addition, traders can stop rules at any time and receive daily emails with signals for trading that can help them adjust their strategies to market conditions.
Another wonderful aspect of Coinrule is its backtesting opportunities. Traders can test out their trading rules on historical market data using TradingView. They can choose the cryptocurrency they will be trading as well as the timeframe they wish to trade, and the trading strategy, and then see how many trades were opened and closed, as well as the net profit, the percentage of profit, maximum drawdown, and profit factor. This can be a helpful instrument to increase the trust of traders in their trading strategies they develop.
Coinrule has also been able to work with several 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 offers four pricing levels that include Starter, Hobbyist Trader, and Pro, with different options for traders at all levels. Prices start at $0 and go up and up to $499.99 per month, and traders are able to pay each month or annually. Annual plans provide discounts up to 25 percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the highest level. With features such as automatized trading, integrated trading strategies, backtesting opportunities, and support for multiple trustworthy cryptocurrency exchanges Coinrule can be a powerful tool that can help you make the most of any trading plan.