The world of cryptocurrency trading is quite thrilling, but it can also be time-consuming and overwhelming to many investors. This is the point where Coinrule comes in. Coinrule can be described as an automatic tool for trading that helps traders stick to their cryptocurrency strategy without having to constantly be on the lookout for market trends. It’s easy to use, even for those with no programming expertise, and comes with many options that will help you take trades to the highest step.
Coinrule was founded in 2017 , in London by a team of blockchain and cryptocurrency enthusiasts. The company aims at making trading cryptocurrency more efficient by providing an automated trading platform that is able to integrate securely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its goal.
One of the key advantages of Coinrule is its user-friendly automated trading. The market for cryptocurrency is extremely volatile, and it is often challenging for investors to stay track of the ever-changing charts. Coinrule allows traders to set up trading rules and then monitors the market and makes trades that match their plan of action. This means that traders are able to set their cryptocurrency trading up to run on autopilot, and not go through charts for hours.
Coinrule has integrated trading strategies that traders can pick from. There are over 150 trading rules to pick from which makes it simple for both novice and experienced traders to discover the best strategy for them. In addition, traders can stop rules at any time and receive daily emails with signals for trading to help them adapt their strategy to the market.
Another wonderful characteristic of Coinrule is its backtesting capabilities. Investors can test their trading strategy with historical market data by using TradingView. You can choose the currency they plan to trade as well as the timeframe they wish to trade as well as the strategy for trading to check how many trades were opened and closed in addition to its net profits, the percentage of profitability maximum drawdown, as well as profit factor. This can be an effective instrument to increase a trader’s confidence in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to use Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Pro, and Trader, with a variety of options for traders at all levels. Prices vary from $0 to $499.99 per month, and traders have the option of paying either monthly or annually. The yearly plans offer discounts up to 25%.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest level. With features like automatized trading, integrated trading strategies as well as backtesting options, and support for multiple trustworthy trading platforms, Coinrule can be a powerful tool that can assist you in making the most out of any trading plan.