The world of trading in cryptocurrency can be quite exciting however, it can be time-consuming and overwhelming to many investors. This is where Coinrule comes in. Coinrule provides an efficient trading tool that helps traders stick to their cryptocurrency strategy without having to continuously monitor the markets. It is easy to use, even for those without coding experience, and offers various options to boost your trading to the highest level.
Coinrule was founded in the year 2017 London by a group of blockchain and cryptocurrency enthusiasts. The company aims to make trading in cryptocurrencies less tedious by providing an automated platform for trading that can integrate safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over the amount it had set for.
One of the key features of Coinrule is its easy to use automated trading. The market for cryptocurrency is highly volatile and it can be challenging for investors to stay track of the constantly changing charts. Coinrule allows traders to 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 look over charts for hours.
Coinrule provides built-in trading strategies that traders can choose from. There are over 150 trading rules to pick from, making it easy for both novice and experienced traders to find a strategy that works for them. Additionally, traders can pause rules at any point, and receive daily emails with signals for trading to help them adapt their strategy to the market.
Another wonderful feature of Coinrule is its backtesting capabilities. Investors can test their trading rules with historical market data by using TradingView. They can select the coin they plan to trade, the desired time frame and trading strategy and determine how many trades that the strategy opened and closed and also profits net, percentage of profitability, maximum drawdown, and profit factor. This can be an effective method to boost confidence of traders in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Trader, and Pro, with a variety of options for traders at all levels. Prices vary from $0 to $499.99 per month. traders have the option of paying monthly or annually. The yearly plans offer discounts of up to%.
Overall, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the next 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 can be a powerful instrument that can help you make the most of your trading strategy.