The world of trading in cryptocurrency can be quite exciting, but it can also become time-consuming and stressful for many traders. This is where Coinrule is able to help. Coinrule can be described as an automatic trading tool that can help traders stick to their cryptocurrency strategy without having to continuously monitor the markets. It is easy to use, even for people with no programming knowledge, and provides a variety of options that will help you take trades to the highest step.
Coinrule was founded in 2017 , in London by a team of cryptocurrency and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrency more efficient by providing an automated platform for trading that is able to integrate securely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its goal.
One of the key features of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be extremely volatile, and it can be challenging for investors to stay up with constantly changing charts. Coinrule lets traders establish trading rules and then analyzes the market and then makes trades that match their strategy. This means that traders are able to place their cryptocurrency trading up to run on autopilot and not have to spend hours poring over charts.
Coinrule also offers built-in trading strategies that traders can pick from. There are more than 150 rules available, making it easy for both novice and experienced traders to choose the best strategy for them. Additionally, traders can pause rules at any point, and they will receive free daily emails that contain trading signals that can help them adjust their strategy according to the changing market.
Another wonderful characteristic of Coinrule is its backtesting opportunities. Traders can test out their trading strategy with historical market data by using TradingView. They can select the coin they plan to trade as well as the timeframe they wish to trade and trading strategy, and then determine how many trades that the strategy opened and closed and also profits net, percentage of profit as well as the maximum drawdown and profit factor. This can be a helpful method to boost 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. This means that traders can connect Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader, with a variety of options for traders at all levels. Prices start at $0 and go up through $499.99 per month. traders are able to pay either monthly or annually. The annual plans can offer discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest level. With features such as automatized trading, integrated trading strategies with backtesting capabilities, as well as support for a variety of trusted cryptocurrency exchanges Coinrule provides a reliable tool that can help you make the most of your trading strategy.