The world of trading in cryptocurrency can be very exciting however, it can be time-consuming and overwhelming for many traders. This is where Coinrule comes in. Coinrule can be described as an automatic trading tool that helps traders stick to their cryptocurrency strategy without having to constantly monitor the markets. It is easy to use, even for people with no programming expertise, and comes with various features that can take your trading to the next level.
Coinrule was established in 2017 , in London by a team of cryptocurrency and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrency easier by offering an automated trading platform that can integrate safely with various exchanges. In December 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 most important aspects of Coinrule is the easy-to-use automated trading system. The cryptocurrency markets can be extremely volatile, and it can be challenging for investors to stay track of the ever-changing charts. Coinrule allows traders to establish trading rules and then monitors the market and makes trades that are compatible with their strategies. This means that traders can place their cryptocurrency trading up to run on autopilot, and not spend hours poring over charts.
Coinrule provides built-in trading strategies that traders can select from. There are over 150 rules to choose from that make it simple for both new and experienced traders to find the best strategy for them. In addition, traders can stop rules at any time and they will receive free daily emails that contain trading signals which can assist them in adjusting their strategy according to the changing market.
Another wonderful aspect of Coinrule is its backtesting opportunities. Investors can test their trading strategy with historical market data by using TradingView. They can choose the cryptocurrency they intend to trade as well as the timeframe they wish to trade and trading strategy and check how many trades the strategy opened and closed in addition to profits net, the percentage of profit as well as the maximum drawdown and profit factor. This can be an effective instrument to increase a trader’s confidence in their trading strategies they develop.
Coinrule is also compatible with a variety of reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can integrate Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Trader, and Pro, offering different options to traders of all levels. Prices range from $0 through $499.99 per month, and traders can choose to pay monthly or annually. The annual plans can offer discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest level. With features such as automatic trading and built-in strategies for trading with backtesting capabilities, as well as the ability to support multiple trusted cryptocurrency exchanges Coinrule is a robust instrument that can assist you in making the most out of any trading plan.