The world of trading cryptocurrency is quite thrilling, but it can also be time-consuming and overwhelming 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 the need to constantly monitor the markets. It is easy to use even for those with no programming experience, and offers various options to take trades to the highest level.
Coinrule was established in 2017 in London by a group of crypto and blockchain enthusiasts. The company’s mission is to make trading in 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. This is more than 200% above its goal.
One of the key advantages of Coinrule is its user-friendly automated trading. The market for cryptocurrency is extremely volatile, and it is often hard for trader to keep up with constantly changing charts. Coinrule lets traders set up trading rules and then examines the market and make trades that are compatible with their strategies. This means that traders are able to put their cryptocurrency trading up to run on autopilot, and not look over charts for hours.
Coinrule provides integrated trading strategies that investors can choose from. There are more than 150 rules available that make it simple for both novice and experienced traders to discover a strategy that works for them. Furthermore, traders are able to pause rules at any time, and they will receive free daily emails that contain trading signals which can assist them in adjusting their strategies to market conditions.
Another excellent aspect 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 as well as the timeframe they wish to trade as well as the strategy for trading and see how many trades the strategy opened and closed in addition to the net profit, percentage of profit as well as the maximum drawdown and the profit ratio. This can be an effective method to boost the trust of traders in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Trader, and Pro, offering different options to traders at all levels. Prices start at $0 and go up and up to $499.99 per month. traders are able to pay monthly or annually. Annual plans provide discounts of up to percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the next level. With features like automated trading, built-in strategies for trading, backtesting opportunities, and support for a variety of trusted trading platforms, Coinrule provides a reliable instrument that can help you make the most out of your trading strategy.