The world of trading cryptocurrency is quite thrilling, but it can also be time-consuming and overwhelming to many investors. This is where Coinrule is able to help. Coinrule can be described as an automatic tool for trading that helps traders stick to their crypto strategy without having to constantly monitor the markets. It’s easy to use even for people with no programming knowledge, and provides a variety of features that can take trades to the next level.
Coinrule was founded in 2017 , in London by a team of blockchain and cryptocurrency enthusiasts. The company’s mission is at making trading cryptocurrencies easier by offering an automated trading platform that is able to integrate securely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over its goal.
One of the main aspects of Coinrule is the easy to use automated trading. The cryptocurrency markets can be highly volatile and it is often difficult for traders to keep up with the ever-changing charts. Coinrule lets traders set up trading rules and then examines the market and make trades that fit into their strategies. This means that traders are able to place their cryptocurrency trading on autopilot and not have to spend hours poring over charts.
Coinrule has built-in trading strategies that traders can pick from. There are over 150 rules to choose from, making it easy for both novice and experienced traders to discover a strategy that works for them. In addition, traders can stop rules at any point, and they will receive free daily emails with trading signals which can assist them in adjusting their strategies to market conditions.
Another great aspect of Coinrule is the possibility of backtesting. Investors can test their trading rules by using historical market data in TradingView. They can select the coin they plan to trade and the time frame they want to use and trading strategy and see how many trades the strategy has opened and closed, as well as its net profits, the percentage of profitability, maximum drawdown, and profit factor. This can be an effective tool for increasing the trust of traders in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Pro, and Trader offering different options to traders at all levels. Prices start at $0 and go up through $499.99 per month, and traders can choose to pay each month or annually. Annual plans provide discounts of up to 25%.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest possible level. With features like automated trading, built-in strategies for trading as well as backtesting options, and support for multiple trustworthy cryptocurrency exchanges Coinrule is a robust tool that will assist you in making the most out of your trading strategy.