The world of trading in cryptocurrency is quite thrilling 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 trading tool that can help traders stick to their crypto strategy without having to continuously keep track of the market. It’s easy to use even for those without coding expertise, and comes with a variety of options that will help you take trades to the highest level.
Coinrule was established in the year 2017 , in London by a group of crypto and blockchain enthusiasts. The company’s mission is at making trading cryptocurrency less tedious by providing an automated platform for trading that can integrate safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above the amount it had set for.
One of the main features of Coinrule is its easy to use automated trading. The market for cryptocurrency is very volatile and it is often difficult for traders to keep up with the ever-changing charts. Coinrule lets traders create trading rules, and then analyzes the market and then makes trades that match their plan of action. This means that traders can place their cryptocurrency trading up to run on autopilot, and not spend hours poring over charts.
Coinrule provides integrated trading strategies that traders can pick from. There are more than 150 trading rules to pick from, making it easy for both new and experienced traders to find a strategy that works for them. In addition, traders can stop rules at any time, 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 wonderful feature of Coinrule is its backtesting capabilities. Investors can test their trading strategies based by using historical market data in TradingView. You can choose the currency they will be trading, the desired time frame as well as the strategy for trading, and then see how many trades the strategy opened and closed and also the net profit, percentage of profit maximum drawdown, as well as the profit ratio. This is a useful instrument to increase a trader’s confidence in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges, including 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, Starter, Hobbyist, Pro, and Trader, with different options for traders at all levels. Prices range from $0 to $499.99 per month. traders have the option of paying each month or annually. The annual plans can offer discounts up to 25%.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest level. With features such as automatic trading and built-in strategies for trading as well as backtesting options, and the ability to support multiple trusted trading platforms, Coinrule provides a reliable tool that will aid you in making the most of any trading plan.