The world of trading in cryptocurrency can be very exciting However, it can be time-consuming and overwhelming to many investors. This is where Coinrule comes in. Coinrule is an automated trading tool that helps traders stick to their crypto strategy without the need to constantly be on the lookout for market trends. It’s simple to use even for those with no programming expertise, and comes with many options to take your trading to the highest step.
Coinrule was founded in 2017 in London by a team of cryptocurrency and blockchain enthusiasts. The company aims to make trading in cryptocurrency more efficient by providing an automated trading platform that can integrate safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than the amount it had set for.
One of the most important advantages of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be extremely volatile, and it can be hard for trader to keep track of the constantly changing charts. Coinrule lets traders set up trading rules and then monitors the market and makes trades that are compatible with their strategies. This means that traders are able to place their cryptocurrency trading up to run on autopilot and not have to look over charts for hours.
Coinrule provides integrated trading strategies that investors can select from. There are more than 150 rules available, making it easy for both new and experienced traders to discover an approach that is suitable for them. Furthermore, traders are able to pause rules at any time and receive daily emails with trading signals which can assist them in adjusting their strategies to market conditions.
Another great characteristic of Coinrule is its backtesting capabilities. Investors can test their trading strategy 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 and trading strategy to check how many trades were opened and closed and also profits net, percentage of profitability as well as the maximum drawdown and profit factor. This can be an effective tool for increasing confidence of traders in their trading strategies they develop.
Coinrule is also compatible with a variety of reliable exchanges like 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 including Starter, Hobbyist Trader, and Pro, with a variety of options for traders at all levels. Prices start at $0 and go up through $499.99 per month, and traders have the option of paying either monthly or annually. The yearly plans offer discounts of up to 25%.
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 such as automatized trading, integrated trading strategies, backtesting opportunities, and support for multiple trustworthy trading platforms, Coinrule can be a powerful tool that can help you make the most out of any trading plan.