The world of trading in cryptocurrency can be very exciting However, it can become time-consuming and stressful for many traders. This is the point where Coinrule comes in. Coinrule can be described as an automatic trading tool that can help traders stick to their crypto strategy without having to constantly monitor the markets. It’s simple to use even for those with no programming knowledge, and provides many features that can boost trades to the next step.
Coinrule was established in the year 2017 London by a group of blockchain and cryptocurrency enthusiasts. The company aims to make trading in cryptocurrencies more efficient by providing an automated trading platform which can be integrated safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over its target.
One of the key features of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be very volatile and it is often challenging for investors to stay up with ever-changing charts. Coinrule allows traders to create trading rules, and then examines the market and make trades that fit into their strategies. This allows traders to place their cryptocurrency trading up to run on autopilot and not have to go through charts for hours.
Coinrule also offers built-in trading strategies that traders can pick from. There are over 150 rules to choose from that make it simple for both experienced and novice traders to find the best strategy for them. Additionally, traders can pause rules at any point, and receive daily emails with trading signals which can assist them in adjusting their strategy to the market.
Another excellent aspect of Coinrule is its backtesting opportunities. Investors can test their trading strategies based by using historical market data in TradingView. You can choose the currency they will be trading as well as the timeframe they wish to trade as well as the strategy for trading to determine how many trades that the strategy has opened and closed and also its net profits, percentage of profitability, maximum drawdown, and profit percentage. This can be a helpful tool for increasing confidence of traders in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, such as 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 including Starter, Hobbyist Pro, and Trader with different options for traders at all levels. Prices range from $0 through $499.99 per month. traders can choose to pay either monthly or annually. Annual plans provide discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the next level. With features such as automatized trading, integrated trading strategies with backtesting capabilities, as well as support for multiple trustworthy cryptocurrency exchanges Coinrule is a robust tool that can assist you in making the most of the trading strategies you employ.