The world of trading in cryptocurrency can be quite exciting, but it can also be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule is able to help. Coinrule is an automated trading tool that can help traders adhere to their cryptocurrency strategy without the need to constantly keep track of the market. It is easy to use, even for those with no programming expertise, and comes with a variety of options that will take you trading experience to highest step.
Coinrule was established in the year 2017 in London by a group of cryptocurrency and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrencies easier by offering an automated platform for trading that can integrate safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above its goal.
One of the main advantages of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be extremely volatile, and it is often challenging for investors to stay up with the constantly changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that match their strategies. This means that traders are able to place their cryptocurrency trading up to run on autopilot and not have to go through charts for hours.
Coinrule also offers built-in trading strategies that traders can select from. There are over 150 rules to choose from, making it easy for both experienced and novice traders to discover the best strategy for them. Furthermore, traders are able to pause rules at any time and they will receive free daily emails with signals for trading that can help them adjust their strategies to market conditions.
Another excellent characteristic of Coinrule is the possibility of backtesting. Investors can test their trading strategy by using historical market data in TradingView. They can choose the cryptocurrency they intend to trade, the desired time frame, and the trading strategy and determine how many trades that the strategy has opened and closed in addition to profits net, percentage of profitability, maximum drawdown, and profit factor. This can be a helpful tool for increasing 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. This means that traders can connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Trader, and Pro, with different options for traders at all levels. Prices range from $0 and up to $499.99 per month, and traders have the option of paying each month or annually. The yearly plans offer discounts of up to 25%.
Overall, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the next level. With features like 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 tool that will aid you in making the most of any trading plan.