The world of trading in cryptocurrency is quite thrilling, but it can also be time-consuming and overwhelming to many investors. This is where Coinrule is able to help. Coinrule can be described as an automatic trading tool that can help traders stick to their crypto strategy without having to continuously be on the lookout for market trends. It is easy to use, even for people with no programming experience, and offers various options that will take your trading to the next step.
Coinrule was founded in 2017 , in London by a group of blockchain and cryptocurrency enthusiasts. The company aims to make trading in cryptocurrency more efficient by providing an automated platform for trading that can integrate safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over the amount it had set for.
One of the key advantages of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be extremely volatile, and it is often challenging for investors to stay up with ever-changing charts. Coinrule lets traders create trading rules, and then analyzes the market and then makes trades that are compatible with their plan of action. This allows traders to place their cryptocurrency trading to autopilot, and not go through charts for hours.
Coinrule has integrated trading strategies that traders can select from. There are over 150 rules available, making it easy for both novice and experienced traders to find a strategy that works for them. In addition, traders can stop rules at any time, and they will receive free daily emails that contain trading signals which can assist them in adjusting their strategy according to the changing market.
Another excellent characteristic of Coinrule is the possibility of backtesting. Traders can test out their trading strategy by using historical market data in TradingView. They can select the coin they plan to trade and the time frame they want to use as well as the strategy for trading, and then check how many trades the strategy opened and closed, as well as the net profit, percentage of profitability, maximum drawdown, and profit factor. This is a useful tool for increasing confidence of traders 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. So, traders are able to connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Pro, and Trader with different options for traders of all levels. Prices start at $0 and go up and up to $499.99 per month, and traders can choose to pay either monthly or annually. The yearly plans offer discounts of up to%.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest possible level. With features like automatized trading, integrated trading strategies, backtesting opportunities, and support for a variety of trusted cryptocurrency exchanges Coinrule provides a reliable tool that will help you make the most out of any trading plan.