The world of trading in cryptocurrency can be very exciting However, it can become time-consuming and stressful to many investors. This is the point where Coinrule comes in. Coinrule can be described as an automatic trading tool that helps traders adhere to their cryptocurrency strategy without the need to constantly be on the lookout for market trends. It’s simple to use, even for those with no programming knowledge, and provides a variety of options to help you take your trading to the highest level.
Coinrule was founded in 2017 , in London by a team of cryptocurrency and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrencies more efficient by providing an automated platform for trading that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its target.
One of the key advantages of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be very volatile and it is often challenging for investors to stay up with the ever-changing charts. Coinrule allows traders to create trading rules, and then analyzes the market and then makes trades that fit into their strategy. This allows traders to put their cryptocurrency trading up to run on autopilot and not go through charts for hours.
Coinrule has integrated trading strategies that investors can pick from. There are over 150 rules to choose from that make it simple for both novice and experienced traders to discover an approach that is suitable for them. In addition, traders can stop rules at any point, and they will receive free daily emails with trading signals that can help them adjust their strategy to the market.
Another great aspect of Coinrule is the possibility of backtesting. Investors can test their trading rules with historical market data by using TradingView. You can choose the currency they intend to trade, the desired time frame, and the trading strategy and determine how many trades that the strategy has 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 an effective instrument to increase the trust of traders in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can use Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader with a variety of options for traders of all levels. Prices start at $0 and go up through $499.99 per month, and traders have the option of paying monthly or annually. The annual plans can offer discounts up to 25%.
All in all, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest possible level. With features such as automated trading, built-in trading strategies with backtesting capabilities, as well as the ability to support multiple trusted trading platforms, Coinrule provides a reliable tool that can assist you in making the most out of any trading plan.