The world of trading cryptocurrency can be quite exciting however, it can become time-consuming and stressful to many investors. This is where Coinrule comes in. Coinrule can be described as an automatic tool for trading that helps traders adhere to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It’s simple to use, even for those with no programming knowledge, and provides various options that will boost you trading experience to highest step.
Coinrule was established in the year 2017 London by a group of blockchain and cryptocurrency enthusiasts. The company aims create a system that makes trading cryptocurrency more efficient by providing an automated platform for trading that can integrate safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over the amount it had set for.
One of the main features of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is extremely volatile, and it can be challenging for investors to stay up with the constantly changing charts. Coinrule lets traders set up trading rules and then examines the market and make trades that match their strategy. This means that traders are able to put their cryptocurrency trading up to run on autopilot, and not spend hours poring over charts.
Coinrule provides built-in trading strategies that traders can choose from. There are more than 150 trading rules to pick from that make it simple for both experienced and novice traders to choose an approach that is suitable 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 strategies to market conditions.
Another excellent feature of Coinrule is the possibility of backtesting. The traders can test their trading rules on historical market data using TradingView. They can select the coin they plan to trade and the time frame they want to use, and the trading strategy and see how many trades were opened and closed, as well as the net profit, percentage of profitability maximum drawdown, as well as the profit ratio. This is a useful tool for increasing the trust of traders in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can connect Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader with different options for traders of all levels. Prices range from $0 through $499.99 per month, and traders can choose to pay monthly or annually. The yearly plans offer discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the next level. With features such as automated trading, built-in trading strategies with backtesting capabilities, as well as support for multiple trustworthy exchanges, Coinrule can be a powerful tool that will help you make the most out of any trading plan.