The world of trading cryptocurrency can be very exciting However, it can become time-consuming and stressful for many traders. This is where Coinrule is able to help. Coinrule can be described as an automatic trading tool that helps traders stick to their crypto strategy without the need to constantly be on the lookout for market trends. It is easy to use, even for those without coding knowledge, and provides many options to help you take you trading experience to next step.
Coinrule was founded in 2017 , in London by a team of cryptocurrency and blockchain enthusiasts. The company aims to make trading in cryptocurrencies more efficient by providing an automated platform for trading which can be integrated safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over its target.
One of the key aspects of Coinrule is the user-friendly automated trading. The market for cryptocurrency is very volatile and it is often challenging for investors to stay up with the constantly changing charts. Coinrule allows traders to establish trading rules and then analyzes the market and then makes trades that match their plan of action. This means that traders are able to put their cryptocurrency trading up to run on autopilot and not have to spend hours poring over charts.
Coinrule also offers built-in trading strategies that traders can select from. There are over 150 rules available, making it easy for both experienced and novice traders to choose a strategy that works 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 strategies to market conditions.
Another great feature of Coinrule is the possibility of backtesting. The traders can test their trading strategy by using historical market data in TradingView. You can choose the currency they plan to trade and the time frame they want to use, and the trading strategy and check how many trades were opened and closed, as well as its net profits, the percentage of profit as well as the maximum drawdown and profit percentage. This can be a helpful instrument to increase the trust of traders in their trading strategies they develop.
Coinrule is also compatible with a variety of reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can connect Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Trader, and Pro, offering different options to traders of all levels. Prices range from $0 to $499.99 per month, and traders can choose to pay each month or annually. Annual plans provide discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest level. With features like automatic trading and built-in trading strategies, backtesting opportunities, and support for a variety of trusted exchanges, Coinrule is a robust tool that will aid you in making the most of the trading strategies you employ.