The world of trading in cryptocurrency can be very exciting, but it can also become time-consuming and stressful to many investors. This is the point where Coinrule is able to help. Coinrule can be described as an automatic trading tool that helps traders adhere to their cryptocurrency strategy without having to continuously monitor the markets. It’s simple to use even for those without coding experience, and offers various options that will take you trading experience to next step.
Coinrule was established in the year 2017 in London by a team of crypto and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrencies less tedious by providing an automated trading platform that is able to integrate securely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than the amount it had set for.
One of the main advantages of Coinrule is its user-friendly automated trading. The market for cryptocurrency is very volatile and it can be hard for trader to keep up with constantly changing charts. Coinrule allows traders to create trading rules, and then examines the market and make trades that fit into their strategies. This means that traders can put their cryptocurrency trading up to run on autopilot and not go through charts for hours.
Coinrule has integrated trading strategies that investors can select from. There are more than 150 rules available that make it simple for both new and experienced traders to discover the best strategy for them. Furthermore, traders are able to pause rules at any time and they will receive free daily emails with signals for trading that can help them adjust their strategy to the market.
Another wonderful characteristic of Coinrule is its backtesting capabilities. Investors can test their trading strategy by using historical market data in TradingView. They can choose the cryptocurrency they will be trading as well as the timeframe they wish to trade and trading strategy, and then check how many trades the strategy opened and closed in addition to the net profit, percentage of profit as well as the maximum drawdown and profit factor. This is a useful tool for increasing confidence of traders in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Pro, and Trader with different options for traders of all levels. Prices vary from $0 and up to $499.99 per month. traders can choose to pay each month or annually. The yearly plans offer discounts of up to%.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the next level. With features such as automatized trading, integrated trading strategies, backtesting opportunities, and support for a variety of trusted trading platforms, Coinrule provides a reliable tool that will aid you in making the most of any trading plan.