The world of trading cryptocurrency is quite thrilling However, it can become time-consuming and stressful to many investors. This is where Coinrule comes in. Coinrule can be described as an automatic trading tool 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 options to boost your trading to the next step.
Coinrule was established in 2017 , in London by a team of blockchain and cryptocurrency enthusiasts. The company aims create a system that makes trading cryptocurrency easier by offering an automated platform for trading that can integrate safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its target.
One of the main aspects of Coinrule is the user-friendly automated trading. The markets for cryptocurrency can be highly volatile and it is often challenging for investors to stay up with the ever-changing charts. Coinrule lets traders establish trading rules and then analyzes the market and then makes trades that are compatible with their plan of action. This means that traders can put their cryptocurrency trading up to run on autopilot, and not go through charts for hours.
Coinrule also offers integrated trading strategies that investors can choose from. There are more than 150 trading rules to pick from, making it easy for both experienced and novice traders to choose a strategy that works for them. Additionally, traders can pause rules at any time, and receive daily emails with trading signals that can help them adjust their strategy to the market.
Another excellent aspect of Coinrule is its backtesting opportunities. The traders can test their trading rules with historical market data by using TradingView. They can choose the cryptocurrency they plan to trade and the time frame they want to use and trading strategy and determine how many trades that the strategy has opened and closed, as well as its net profits, the percentage of profit as well as the maximum drawdown and profit factor. This can be a helpful instrument to increase 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. So, traders are able to use Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Pro, and Trader with a variety of options for traders of all levels. Prices start at $0 and go up through $499.99 per month. traders are able to pay each month or annually. The annual plans can offer discounts up to 25%.
In the end, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the next level. With features like automated trading, built-in strategies for trading with backtesting capabilities, as well as the ability to support multiple trusted cryptocurrency exchanges Coinrule is a robust instrument that can assist you in making the most of your trading strategy.