The world of trading in cryptocurrency can be quite exciting However, it can 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 monitor the markets. It is easy to use, even for those with no programming experience, and offers many options that will take trades to the next level.
Coinrule was founded in 2017 in London by a group of cryptocurrency and blockchain enthusiasts. The company’s mission is at making trading cryptocurrency easier by offering an automated trading platform which can be integrated safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than its goal.
One of the main aspects of Coinrule is the easy-to-use automated trading system. The market for cryptocurrency is extremely volatile, and it can be challenging for investors to stay track of 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 are able to put their cryptocurrency trading on autopilot and not have to look over charts for hours.
Coinrule also offers built-in trading strategies that traders can pick from. There are over 150 trading rules to pick from, making it easy for both new and experienced traders to discover the best strategy for them. Additionally, traders can pause rules at any time and will be sent daily emails that contain trading signals that can help them adjust their strategy according to the changing market.
Another great feature of Coinrule is its backtesting capabilities. Investors can test their trading strategy with historical market data by 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 has opened and closed in addition to the net profit, the percentage of profitability as well as the maximum drawdown and profit factor. This is a useful instrument to increase confidence of traders in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader with a variety of options for traders of all levels. Prices range from $0 and up to $499.99 per month. traders can choose to pay either monthly or annually. The annual plans can offer discounts up to 25 percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest level. With features like automatized trading, integrated strategies for trading, backtesting opportunities, and the ability to support multiple trusted trading platforms, Coinrule can be a powerful tool that will help you make the most out of your trading strategy.