The world of trading in cryptocurrency is quite thrilling, but it can also become time-consuming and stressful to many investors. This is the point where Coinrule comes in. Coinrule can be described as an automatic trading tool that helps traders stick to their cryptocurrency strategy without having to constantly be on the lookout for market trends. It is easy to use even for those with no programming experience, and offers various options to boost your trading to the highest level.
Coinrule was established in 2017 , in London by a group of crypto and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrency easier by offering an automated trading platform that is able to integrate securely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than the amount it had set for.
One of the most important advantages of Coinrule is its easy to use automated trading. The cryptocurrency markets can be extremely volatile, and it can be hard for trader to keep up with ever-changing charts. Coinrule lets traders establish trading rules and then analyzes the market and then makes trades that fit into their plan of action. This means that traders are able to place their cryptocurrency trading to autopilot and not have to look over charts for hours.
Coinrule has integrated trading strategies that investors can select from. There are more than 150 trading rules to pick from which makes it simple for both novice and experienced traders to find an approach that is suitable for them. Additionally, traders can pause rules at any point, and receive daily emails that contain trading signals that can help them adjust their strategy to the market.
Another wonderful feature of Coinrule is its backtesting opportunities. Traders can test out their trading rules on historical market data using TradingView. They can choose the cryptocurrency they will be trading and the time frame they want to use, and the trading strategy to determine how many trades that the strategy opened and closed, as well as its net profits, the percentage of profit maximum drawdown, as well as profit factor. This can be an effective instrument to increase 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 use Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader, with a variety of options for traders at all levels. Prices vary from $0 through $499.99 per month. traders have the option of paying each month or annually. The annual plans can offer discounts up to 25 percent.
Overall, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest level. With features like automatized trading, integrated trading strategies with backtesting capabilities, as well as support for a variety of trusted trading platforms, Coinrule provides a reliable tool that will aid you in making the most out of the trading strategies you employ.