The world of trading in cryptocurrency can be very exciting However, it can become time-consuming and stressful to many investors. This is where Coinrule is able to help. Coinrule can be described as an automatic trading tool that helps traders stick to their cryptocurrency strategy without having to continuously monitor the markets. It is easy to use even for people with no programming experience, and offers many features that can take trades to the next step.
Coinrule was established in the year 2017 London by a team of blockchain and cryptocurrency enthusiasts. The company’s mission is create a system that makes trading cryptocurrencies more efficient by providing an automated platform for trading which can be integrated safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than its target.
One of the key aspects of Coinrule is the user-friendly automated trading. The market for cryptocurrency is highly volatile and it is often hard for trader to keep track of the ever-changing charts. Coinrule lets traders set up trading rules and then monitors the market and makes trades that match their strategy. This means that traders can set their cryptocurrency trading on autopilot and not have to go through charts for hours.
Coinrule has built-in trading strategies that traders can select from. There are over 150 rules available which makes it simple for both new and experienced traders to choose a strategy that works for them. Additionally, traders can pause rules at any time, and will be sent daily emails with trading signals that can help them adjust their strategies to market conditions.
Another wonderful aspect of Coinrule is its backtesting capabilities. The traders can test their trading strategy by using historical market data in TradingView. You can choose the currency they plan to trade as well as the timeframe they wish to trade and trading strategy, and then see how many trades the strategy opened and closed, as well as the net profit, the percentage of profit maximum drawdown, as well as profit percentage. This can be a helpful instrument to increase the trust of traders in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader offering different options to traders at all levels. Prices vary from $0 to $499.99 per month. traders are able to pay monthly or annually. The yearly plans offer discounts up to 25%.
Overall, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest level. With features such as automated trading, built-in strategies for trading with backtesting capabilities, as well as support for multiple trustworthy exchanges, Coinrule can be a powerful tool that can aid you in making the most of your trading strategy.