The world of trading cryptocurrency can be very exciting, but it can also become time-consuming and stressful in the eyes of many trader. This is where Coinrule is able to help. Coinrule can be described as an automatic trading tool that helps traders adhere to their cryptocurrency strategy without the need to constantly monitor the markets. It’s simple to use, even for those with no programming expertise, and comes with many features that can take your trading to the next level.
Coinrule was founded in the year 2017 London by a team of blockchain and cryptocurrency enthusiasts. The company’s mission is at making trading cryptocurrencies less tedious by providing an automated platform for trading which can be integrated safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its target.
One of the main aspects of Coinrule is the easy-to-use automated trading system. The cryptocurrency markets can be extremely volatile, and it can be difficult for traders to keep up with the constantly changing charts. Coinrule lets traders create trading rules, and then monitors the market and makes trades that match their strategies. This means that traders can place their cryptocurrency trading up to run on autopilot, and not look over charts for hours.
Coinrule provides integrated trading strategies that investors can select from. There are over 150 rules available which makes it simple for both novice and experienced traders to find a strategy that works for them. In addition, traders can stop rules at any point, and they will receive free daily emails that contain trading signals which can assist them in adjusting their strategy to the market.
Another great feature of Coinrule is its backtesting opportunities. Investors can test their trading rules with historical market data by using TradingView. You can choose the currency they will be trading as well as the timeframe they wish to trade as well as the strategy for trading to see how many trades the strategy opened and closed and also the net profit, percentage of profit as well as the maximum drawdown and profit factor. This is a useful method to boost confidence of traders in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Pro, and Trader offering different options to traders at all levels. Prices range from $0 and up to $499.99 per month, and traders have the option of paying monthly or annually. Annual plans provide discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest level. With features such as automatized trading, integrated strategies for trading as well as backtesting options, and support for a variety of trusted exchanges, Coinrule provides a reliable tool that will help you make the most of any trading plan.