The world of trading cryptocurrency can be very exciting however, it can be time-consuming and overwhelming to many investors. This is the point where Coinrule is able to help. Coinrule can be described as an automatic trading tool that can help traders stick to their crypto strategy without the need to constantly monitor the markets. It is easy to use, even for those with no programming experience, and offers many options to help you take trades to the highest level.
Coinrule was established in the year 2017 , in London by a team of crypto and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrencies less tedious by providing an automated trading platform which can be integrated safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its goal.
One of the key advantages of Coinrule is its easy to use automated trading. The market for cryptocurrency is highly volatile and it is often hard for trader to keep track of the constantly changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that fit into their plan of action. This allows traders to put their cryptocurrency trading to autopilot, and not spend hours poring over charts.
Coinrule has integrated trading strategies that investors can choose from. There are over 150 rules available, making it easy for both novice and experienced traders to choose a strategy that works for them. Furthermore, traders are able to pause rules at any point, and they will receive free daily emails with signals for trading that can help them adjust their strategies to market conditions.
Another great characteristic of Coinrule is its backtesting capabilities. Traders can test out their trading rules with historical market data by using TradingView. They can choose the cryptocurrency they will be trading as well as the timeframe they wish to trade as well as the strategy for trading, and then check how many trades the strategy opened and closed and also its net profits, percentage of profit maximum drawdown, as well as profit factor. This is a useful tool for increasing confidence of traders in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges, such as 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 tiers that include Starter, Hobbyist Trader, and Pro, with different options for traders of all levels. Prices range from $0 and up to $499.99 per month. traders are able to pay either monthly or annually. The yearly plans offer discounts up to 25 percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the highest possible level. With features like automatized trading, integrated strategies for trading, backtesting opportunities, and support for multiple trustworthy exchanges, Coinrule provides a reliable tool that will assist you in making the most out of your trading strategy.