The world of trading in cryptocurrency can be quite exciting However, it can be time-consuming and overwhelming to many investors. This is where Coinrule is able to help. Coinrule is an automated trading tool that helps traders adhere to their cryptocurrency strategy without the need to constantly monitor the markets. It’s easy to use even for people with no programming expertise, and comes with a variety of options to boost trades to the highest step.
Coinrule was established in 2017 in London by a team of crypto and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrencies easier by offering an automated platform for trading that is able to integrate securely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above its goal.
One of the main features of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be very volatile and it can be challenging for investors to stay up with the constantly changing charts. Coinrule allows traders to set up trading rules and then analyzes the market and then makes trades that fit into their strategies. This means that traders are able to put their cryptocurrency trading up to run on autopilot and not go through charts for hours.
Coinrule provides built-in trading strategies that traders can select from. There are over 150 trading rules to pick from, making it easy for both new and experienced traders to choose an approach that is suitable for them. In addition, traders can stop rules at any time, and they will receive free daily emails with signals for trading that can help them adjust their strategies to market conditions.
Another wonderful feature of Coinrule is its backtesting opportunities. Investors can test their trading strategy with historical market data by using TradingView. You can choose the currency they will be trading and the time frame they want to use and trading strategy to check how many trades the strategy opened and closed and also the net profit, the percentage of profit maximum drawdown, as well as profit factor. This can be an effective method to boost a trader’s confidence in the trading rules they design.
Coinrule has also been able to work with several reliable 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 offers four pricing levels including Starter, Hobbyist Pro, and Trader with different options for traders at all levels. Prices vary from $0 to $499.99 per month. traders have the option of paying either monthly or annually. The annual plans can offer discounts up to 25%.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the next level. With features such as automatic trading and built-in strategies for trading, backtesting opportunities, and the ability to support multiple trusted cryptocurrency exchanges Coinrule is a robust tool that will assist you in making the most out of your trading strategy.