The world of cryptocurrency trading is quite thrilling, but it can also be time-consuming and overwhelming to many investors. This is the point where Coinrule comes in. Coinrule can be described as an automatic trading tool that helps traders stick to their crypto strategy without having to constantly monitor the markets. It is easy to use even for those without coding knowledge, and provides many options to take you trading experience to next level.
Coinrule was established in 2017 in London by a team of crypto and blockchain enthusiasts. The company aims to make trading in cryptocurrency easier by offering an automated trading platform that can integrate safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its target.
One of the key aspects of Coinrule is the easy to use automated trading. The market for cryptocurrency is extremely volatile, and it is often challenging for investors to stay track of the ever-changing charts. Coinrule allows traders to create trading rules, and then analyzes the market and then makes trades that are compatible with their plan of action. This means that traders can set their cryptocurrency trading to autopilot, and not spend hours poring over charts.
Coinrule also offers integrated trading strategies that traders can pick from. There are more than 150 trading rules to pick from that make it simple for both new and experienced traders to discover a strategy that works for them. Additionally, traders can pause rules at any point, and they will receive free daily emails with trading signals that can help them adjust their strategies to market conditions.
Another wonderful aspect of Coinrule is the possibility of backtesting. Investors can test their trading rules on historical market data using TradingView. They can select the coin they will be trading and the time frame they want to use, and the trading strategy to see how many trades the strategy opened and closed in addition to the net profit, percentage of profitability as well as the maximum drawdown and profit factor. This can be a helpful method to boost the trust of traders in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can integrate Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Pro, and Trader offering different options to traders at all levels. Prices vary from $0 and up to $499.99 per month, and traders are able to pay either monthly or annually. The yearly plans offer discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the highest level. With features like automated trading, built-in strategies for trading as well as backtesting options, and support for multiple trustworthy cryptocurrency exchanges Coinrule is a robust tool that can assist you in making the most of the trading strategies you employ.