The world of trading in cryptocurrency can be very exciting however, it can be time-consuming and overwhelming to many investors. This is where Coinrule comes in. Coinrule can be described as an automatic trading tool that can help traders stick to their cryptocurrency strategy without having to continuously keep track of the market. It’s simple to use even for those with no programming expertise, and comes with a variety of options to boost your trading to the next step.
Coinrule was established in the year 2017 in London by a group of crypto and blockchain enthusiasts. The company aims to make trading in cryptocurrency less tedious by providing an automated platform for trading that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over its goal.
One of the key aspects of Coinrule is the user-friendly automated trading. The markets for cryptocurrency can be extremely volatile, and it is often challenging for investors to stay up with ever-changing charts. Coinrule allows traders to set up trading rules and then examines the market and make trades that match their plan of action. This means that traders can put their cryptocurrency trading up to run on autopilot and not have to look over charts for hours.
Coinrule also offers integrated trading strategies that investors can choose from. There are more than 150 rules available that make it simple for both experienced and novice traders to find the best strategy for them. Furthermore, traders are able to pause rules at any time and will be sent daily emails with trading signals which can assist them in adjusting their strategy according to the changing market.
Another great characteristic of Coinrule is its backtesting opportunities. Investors can test their trading strategy by using historical market data in TradingView. You can choose the currency they plan to trade and the time frame they want to use, and the trading strategy and check how many trades the strategy opened and closed, as well as profits net, percentage of profit maximum drawdown, as well as the profit ratio. This can be a helpful instrument to increase a trader’s confidence in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can use Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Trader, and Pro, with a variety of options for traders of all levels. Prices start at $0 and go up to $499.99 per month. traders can choose to pay either monthly or annually. The yearly plans offer discounts up to 25%.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the next level. With features such as automated trading, built-in strategies for trading with backtesting capabilities, as well as support for a variety of trusted exchanges, Coinrule can be a powerful tool that can aid you in making the most of the trading strategies you employ.