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 comes in. Coinrule can be described as an automatic trading tool that helps traders stick to their cryptocurrency strategy without having to continuously keep track of the market. It’s easy to use even for those without coding knowledge, and provides a variety of options to take your trading to the highest level.
Coinrule was founded in the year 2017 London by a group of cryptocurrency and blockchain enthusiasts. The company’s mission is at making trading cryptocurrencies less tedious by providing an automated trading platform that can integrate safely with several 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 main aspects of Coinrule is the easy-to-use automated trading system. The market for cryptocurrency is highly volatile and it can be difficult for traders to keep up with constantly changing charts. Coinrule allows traders to set up trading rules and then monitors the market and makes trades that match their strategy. This means that traders can place their cryptocurrency trading to autopilot and not go through charts for hours.
Coinrule provides integrated trading strategies that investors can select from. There are more than 150 trading rules to pick from which makes it simple for both novice and experienced traders to discover a strategy that works for them. Additionally, traders can pause rules at any time and receive daily emails with trading signals to help them adapt their strategy according to the changing market.
Another wonderful feature of Coinrule is the possibility of backtesting. Investors can test their trading strategies based on historical market data using TradingView. You can choose the currency they will be trading and the time frame they want to use as well as the strategy for trading, and then determine how many trades that the strategy opened and closed, as well as profits net, the percentage of profit maximum drawdown, as well as profit factor. This can be an effective method to boost the trust of traders in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can connect Coinrule seamlessly with these platforms.
Coinrule offers 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, and traders have the option of paying either monthly or annually. Annual plans provide discounts of up to percent.
All in all, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest level. With features such as automatic trading and built-in strategies for trading with backtesting capabilities, as well as support for multiple trustworthy cryptocurrency exchanges Coinrule can be a powerful tool that will assist you in making the most of your trading strategy.