The world of trading cryptocurrency can be very exciting however, it can be time-consuming and overwhelming 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 easy to use even for people with no programming expertise, and comes with various options to boost your trading to the highest step.
Coinrule was established in 2017 in London by a group of cryptocurrency and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrencies easier by offering an automated trading platform that is able to integrate securely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than the amount it had set for.
One of the main aspects of Coinrule is the user-friendly automated trading. The market for cryptocurrency is extremely volatile, and it can be challenging for investors to stay up with the ever-changing charts. Coinrule allows traders to set up trading rules and then examines the market and make trades that fit into their strategy. This means that traders can place 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 select from. There are more than 150 rules to choose from which makes it simple for both novice and experienced traders to choose a strategy that works for them. Furthermore, traders are able to pause rules at any time and will be sent daily emails that contain trading signals that can help them adjust their strategy according to the changing market.
Another wonderful feature of Coinrule is the possibility of backtesting. Investors can test their trading rules on historical market data using TradingView. You can choose the currency they intend to trade, the desired time frame as well as the strategy for trading to check how many trades the strategy has opened and closed, as well as the net profit, percentage of profit maximum drawdown, as well as the profit ratio. This is a useful instrument to increase a trader’s confidence in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can connect Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Pro, and Trader with different options for traders at all levels. Prices vary from $0 to $499.99 per month. traders are able to pay either monthly or annually. The yearly plans offer discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest level. With features such as automatic trading and built-in trading strategies as well as backtesting options, and support for a variety of trusted exchanges, Coinrule is a robust tool that will assist you in making the most of the trading strategies you employ.