The world of trading in cryptocurrency is quite thrilling, but it can also 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 tool for trading that helps traders stick to their crypto strategy without the need to constantly monitor the markets. It’s simple to use even for those without coding expertise, and comes with a variety of options to help you take trades to the next step.
Coinrule was established in the year 2017 , in London by a team of blockchain and cryptocurrency enthusiasts. The company’s mission is to make trading in cryptocurrency less tedious by providing an automated platform for trading which can be integrated safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than the amount it had set for.
One of the key features of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be extremely volatile, and it can be challenging for investors to stay up with constantly changing charts. Coinrule allows traders to create trading rules, and then analyzes the market and then makes trades that match their strategies. This means that traders are able to put their cryptocurrency trading up to run on autopilot and not go through charts for hours.
Coinrule has integrated trading strategies that investors can pick from. There are over 150 rules to choose from that make it simple for both novice and experienced traders to choose the best strategy for them. Additionally, traders can pause rules at any time and they will receive free daily emails with signals for trading that can help them adjust their strategy according to the changing market.
Another great aspect of Coinrule is its backtesting capabilities. Investors can test their trading rules with historical market data by using TradingView. They can choose the cryptocurrency they intend to trade and the time frame they want to use as well as the strategy for trading to see how many trades were opened and closed, as well as its net profits, percentage of profitability, maximum drawdown, and profit factor. This can be an effective method to boost the trust of traders in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges like 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, Starter, Hobbyist, Pro, and Trader, with a variety of options for traders at all levels. Prices range from $0 through $499.99 per month. traders are able to pay monthly or annually. The yearly plans offer discounts up to 25 percent.
All in all, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the highest possible level. With features like automatized trading, integrated trading strategies as well as backtesting options, and support for multiple trustworthy trading platforms, Coinrule can be a powerful tool that can aid you in making the most of the trading strategies you employ.