The world of trading cryptocurrency is quite thrilling 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 tool for trading that helps traders stick to their cryptocurrency strategy without having to constantly monitor the markets. It’s simple to use even for those without coding knowledge, and provides a variety of features that can help you take you trading experience to next step.
Coinrule was founded in 2017 , in London by a team of cryptocurrency and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrency more efficient by providing an automated trading platform that can integrate safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its target.
One of the main advantages of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be very volatile and it is often difficult for traders to keep up with the ever-changing charts. Coinrule lets traders establish trading rules and then monitors the market and makes trades that fit into their strategies. This means that traders are able to set their cryptocurrency trading up to run on autopilot and not look over charts for hours.
Coinrule has built-in trading strategies that traders can pick from. There are more than 150 rules to choose from which makes it simple for both experienced and novice traders to discover a strategy that works for them. Furthermore, traders are able to pause rules at any point, and receive daily emails with signals for trading that can help them adjust their strategy according to the changing market.
Another great characteristic of Coinrule is its backtesting capabilities. Investors can test their trading strategies based with historical market data by using TradingView. They can choose the cryptocurrency they plan to trade and the time frame they want to use and trading strategy to check how many trades the strategy has opened and closed and also the net profit, the percentage of profitability maximum drawdown, as well as profit percentage. This is a useful tool for increasing a trader’s confidence in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Pro, and Trader, with a variety of options for traders at all levels. Prices vary from $0 and up to $499.99 per month. traders have the option of paying each month or annually. The annual plans can offer discounts of up to%.
All in all, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest possible level. With features such as automatized trading, integrated strategies for trading with backtesting capabilities, as well as support for multiple trustworthy trading platforms, Coinrule can be a powerful tool that can assist you in making the most out of the trading strategies you employ.