The world of trading in cryptocurrency can be very exciting, but it can also be time-consuming and overwhelming for many traders. This is the point where Coinrule comes in. Coinrule provides an efficient trading tool that helps traders stick to their cryptocurrency strategy without having to constantly keep track of the market. It’s easy to use, even for those without coding experience, and offers many features that can boost your trading to the next level.
Coinrule was established in the year 2017 in London by a group of blockchain and cryptocurrency enthusiasts. The company aims at making trading cryptocurrencies easier by offering an automated platform for trading that can integrate safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than the amount it had set for.
One of the key aspects of Coinrule is the easy to use automated trading. The cryptocurrency markets can be extremely volatile, and it is often challenging for investors to stay track of the ever-changing charts. Coinrule allows traders to create trading rules, and then analyzes the market and then makes trades that fit into their strategies. This means that traders can set their cryptocurrency trading up to run on autopilot and not have to spend hours poring over charts.
Coinrule provides integrated trading strategies that traders can choose from. There are over 150 rules to choose from which makes it simple for both novice and experienced traders to choose a strategy that works for them. In addition, traders can stop rules at any time, and they will receive free daily emails with trading signals which can assist them in adjusting their strategy to the market.
Another wonderful aspect of Coinrule is the possibility of backtesting. Investors can test their trading strategy by using historical market data in TradingView. They can select the coin they will be trading and the time frame they want to use as well as the strategy for trading to see how many trades the strategy has opened and closed in addition to profits net, percentage of profitability as well as the maximum drawdown and profit percentage. This is a useful method to boost confidence of traders in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader with different options for traders at all levels. Prices start at $0 and go up and up 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 user-friendly experience that will take your cryptocurrency trading to the next level. With features like automatic trading and built-in trading strategies, backtesting opportunities, and support for a variety of trusted trading platforms, Coinrule can be a powerful instrument that can assist you in making the most out of the trading strategies you employ.