The world of trading in cryptocurrency can be very exciting However, it can be time-consuming and overwhelming to many investors. 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 having to constantly keep track of the market. It is easy to use even for those with no programming knowledge, and provides various features that can help you take you trading experience to highest level.
Coinrule was founded in the year 2017 London by a group of cryptocurrency and blockchain enthusiasts. The company aims at making trading cryptocurrencies more efficient by providing an automated platform for trading that is able to integrate securely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above the amount it had set for.
One of the main aspects of Coinrule is the user-friendly automated trading. The cryptocurrency markets can be very volatile and it is often hard for trader to keep track of the constantly changing charts. Coinrule lets traders set up trading rules and then monitors the market and makes trades that match their strategies. This allows traders 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 select from. There are more than 150 rules available that make it simple for both novice and experienced 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 that contain trading signals which can assist them in adjusting their strategy according to the changing market.
Another excellent characteristic of Coinrule is its backtesting capabilities. Traders can test out their trading strategies based by using historical market data in TradingView. They can choose the cryptocurrency they plan to trade as well as the timeframe they wish to trade and trading strategy and check how many trades were opened and closed, as well as profits net, percentage of profit as well as the maximum drawdown and profit factor. This is a useful instrument to increase confidence of traders in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Pro, and Trader, with a variety of options for traders at all levels. Prices range from $0 to $499.99 per month, and traders have the option of paying either monthly or annually. The annual plans can offer discounts of up to 25%.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the highest level. With features such as automatized trading, integrated strategies for trading as well as backtesting options, and support for multiple trustworthy exchanges, Coinrule is a robust tool that will help you make the most out of the trading strategies you employ.