The world of trading in cryptocurrency is quite thrilling however, it can become time-consuming and stressful in the eyes of many trader. This is the point where Coinrule is able to help. Coinrule can be described as an automatic trading tool that can help traders stick to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It’s simple to use, even for people with no programming knowledge, and provides various features that can take trades to the highest step.
Coinrule was established in the year 2017 , in London by a group of cryptocurrency and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrency easier by offering an automated trading platform that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above the amount it had set for.
One of the main features of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be highly volatile and it can be challenging for investors to stay up with the ever-changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that fit into their strategy. This allows traders to place their cryptocurrency trading up to run on autopilot, and not look over charts for hours.
Coinrule provides integrated trading strategies that traders can select from. There are more than 150 rules available that make it simple for both experienced and novice traders to discover an approach that is suitable for them. Additionally, traders can pause rules at any point, and they will receive free daily emails with signals for trading to help them adapt their strategy to the market.
Another wonderful feature of Coinrule is the possibility of backtesting. Investors can test their trading strategies based on historical market data using TradingView. They can choose the cryptocurrency they plan to trade as well as the timeframe they wish to trade as well as the strategy for trading to see how many trades the strategy has opened and closed in addition to profits net, the percentage of profitability maximum drawdown, as well as profit percentage. This can be an effective instrument to increase a trader’s confidence in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Trader, and Pro, with different options for traders of all levels. Prices vary from $0 and up to $499.99 per month. traders are able to pay either monthly or annually. The yearly plans offer discounts up to 25 percent.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the highest possible level. With features such as automated trading, built-in strategies for trading with backtesting capabilities, as well as support for multiple trustworthy exchanges, Coinrule provides a reliable instrument that can help you make the most of the trading strategies you employ.