The world of cryptocurrency trading can be quite exciting, but it can also 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 the need to constantly be on the lookout for market trends. It’s simple to use, even for people with no programming experience, and offers a variety of options to boost your trading to the highest level.
Coinrule was established in the year the year 2017 London by a group of blockchain and cryptocurrency enthusiasts. The company aims to make trading in cryptocurrencies less tedious by providing an automated trading platform that can integrate safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its goal.
One of the key features of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be extremely volatile, and it can be challenging for investors to stay up with constantly changing charts. Coinrule allows traders to create trading rules, and then examines the market and make trades that are compatible with their plan of action. This means that traders can place their cryptocurrency trading to autopilot, and not spend hours poring over charts.
Coinrule also offers integrated trading strategies that investors can choose from. There are over 150 rules available that make it simple for both novice and experienced traders to discover the best strategy for them. In addition, traders can stop rules at any point, and receive daily emails that contain trading signals to help them adapt their strategy to the market.
Another great aspect of Coinrule is its backtesting capabilities. Investors can test their trading strategy on historical market data using TradingView. They can select the coin they will be trading as well as the timeframe they wish to trade, and the trading strategy, and then see how many trades were opened and closed in addition to its net profits, the percentage of profitability as well as the maximum drawdown and the profit ratio. This can be an effective tool for increasing the trust of traders in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to use Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Trader, and Pro, with different options for traders at all levels. Prices vary from $0 and up to $499.99 per month, and traders have the option of paying monthly or annually. The annual plans can offer discounts up to 25%.
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 automatic trading and built-in trading strategies, backtesting opportunities, and support for a variety of trusted cryptocurrency exchanges Coinrule provides a reliable tool that will aid you in making the most of the trading strategies you employ.