The world of trading cryptocurrency can be quite exciting, but it can also become time-consuming and stressful to many investors. This is where Coinrule is able to help. Coinrule can be described as an automatic tool for trading that helps traders stick to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It is easy to use, even for those with no programming expertise, and comes with various options that will boost trades to the next level.
Coinrule was established in the year 2017 London by a team of crypto and blockchain enthusiasts. Its goal is at making trading cryptocurrency easier by offering an automated trading platform that can integrate safely with several 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 main aspects of Coinrule is the easy to use automated trading. The cryptocurrency markets can be very volatile and it can be difficult for traders to keep up with constantly changing charts. Coinrule lets traders establish trading rules and then analyzes the market and then makes trades that fit into their strategy. This means that traders can put their cryptocurrency trading on autopilot, and not spend hours poring over charts.
Coinrule provides integrated trading strategies that traders can choose from. There are over 150 rules available that make it simple for both novice and experienced traders to discover an approach that is suitable for them. Furthermore, traders are able to pause rules at any point, and will be sent daily emails that contain trading signals to help them adapt their strategy according to the changing market.
Another wonderful feature of Coinrule is its backtesting opportunities. Traders can test out their trading strategy on historical market data using TradingView. You can choose the currency they plan to trade as well as the timeframe they wish to trade and trading strategy and check how many trades the strategy opened and closed, as well as the net profit, percentage of profit maximum drawdown, as well as profit percentage. This can be an effective tool for increasing the trust of traders in the trading rules they design.
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 including Starter, Hobbyist Trader, and Pro, offering different options to traders at all levels. Prices start at $0 and go up to $499.99 per month, and traders can choose to pay each month or annually. Annual plans provide discounts of up to%.
In the end, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest possible level. With features such as automatic trading and built-in trading strategies with backtesting capabilities, as well as support for a variety of trusted trading platforms, Coinrule is a robust instrument that can aid you in making the most out of any trading plan.