The world of trading in cryptocurrency can be very exciting, but it can also become time-consuming and stressful to many investors. This is where Coinrule comes in. Coinrule is an automated tool for trading that helps traders stick to their crypto strategy without having to continuously be on the lookout for market trends. It’s easy to use, even for those without coding expertise, and comes with many features that can boost trades to the highest step.
Coinrule was established in the year the year 2017 London by a group of crypto and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrencies more efficient by providing an automated trading platform which can be integrated safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over its target.
One of the key aspects of Coinrule is the easy-to-use automated trading system. The market for cryptocurrency is highly volatile and it is often difficult for traders to keep up with the ever-changing charts. Coinrule allows traders to create trading rules, and then examines the market and make trades that fit into their strategy. This allows traders to put their cryptocurrency trading on autopilot and not look over charts for hours.
Coinrule also offers built-in trading strategies that traders can choose from. There are more than 150 rules to choose from, making it easy for both experienced and novice traders to choose the best strategy for them. Furthermore, traders are able to pause rules at any point, and will be sent daily emails with signals for trading which can assist them in adjusting their strategies to market conditions.
Another great feature of Coinrule is the possibility of backtesting. Investors can test their trading rules with historical market data by using TradingView. You can choose the currency they plan to trade and the time frame they want to use and trading strategy to check how many trades the strategy has opened and closed, as well as the net profit, percentage of profitability as well as the maximum drawdown and profit factor. This is a useful tool for increasing 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 integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Pro, and Trader offering different options to traders of all levels. Prices vary from $0 and up to $499.99 per month, and traders are able to pay either monthly or annually. The yearly plans offer 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 next level. With features like automated trading, built-in strategies for trading as well as backtesting options, and support for a variety of trusted cryptocurrency exchanges Coinrule is a robust tool that will aid you in making the most out of any trading plan.