The world of trading cryptocurrency can be quite exciting, but it can also be time-consuming and overwhelming to many investors. This is the point where Coinrule comes in. Coinrule can be described as an automatic tool for trading that helps traders adhere to their cryptocurrency strategy without having to continuously monitor the markets. It is easy to use, even for those without coding knowledge, and provides various features that can boost trades to the next level.
Coinrule was established in the year 2017 London by a team of crypto and blockchain enthusiasts. The company aims at making trading cryptocurrency easier by offering an automated platform for trading which can be integrated safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over the amount it had set for.
One of the most important aspects of Coinrule is the easy to use automated trading. The cryptocurrency markets can be highly volatile and it can be challenging for investors to stay up with constantly changing charts. Coinrule lets traders establish trading rules and then examines the market and make trades that match their plan of action. This allows traders to place their cryptocurrency trading on autopilot and not spend hours poring over charts.
Coinrule provides integrated trading strategies that investors can choose from. There are more than 150 trading rules to pick from that make it simple for both novice and experienced traders to discover an approach that is suitable for them. Furthermore, traders are able to pause rules at any time and they will receive free daily emails with signals for trading 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 strategies based with historical market data by using TradingView. They can choose the cryptocurrency they plan to trade and the time frame they want to use as well as the strategy for trading, and then see how many trades were opened and closed in addition to profits net, the percentage of profitability, maximum drawdown, and profit factor. This can be a helpful tool for increasing confidence of traders in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can connect Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Trader, and Pro, with a variety of options for traders of all levels. Prices start at $0 and go up to $499.99 per month, and traders are able to pay each month or annually. The annual plans can offer discounts up to 25 percent.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the highest level. With features like automatized trading, integrated trading strategies as well as backtesting options, and support for multiple trustworthy exchanges, Coinrule provides a reliable tool that can assist you in making the most out of your trading strategy.