The world of trading cryptocurrency can be quite 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 stick to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It’s easy to use even for those with no programming experience, and offers various options that will help you take trades to the next step.
Coinrule was established in the year 2017 in London by a group of crypto and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrencies less tedious by providing an automated platform for trading which can be integrated safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than its goal.
One of the most important 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 track of the constantly changing charts. Coinrule lets traders create trading rules, and then monitors the market and makes trades that fit into their strategies. This means that traders can put their cryptocurrency trading on autopilot and not look over charts for hours.
Coinrule has built-in trading strategies that traders can pick from. There are over 150 rules available that make it simple for both experienced and novice traders to choose an approach that is suitable for them. Additionally, traders can pause rules at any point, and receive daily emails with signals for trading which can assist them in adjusting their strategy to the market.
Another excellent feature of Coinrule is its backtesting capabilities. Traders can test out their trading strategy with historical market data by using TradingView. They can select the coin they will be trading as well as the timeframe they wish to trade as well as the strategy for trading to check how many trades the strategy opened and closed, as well as the net profit, percentage of profitability maximum drawdown, as well as profit percentage. This is a useful method to boost confidence of traders in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can use Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Pro, and Trader, offering different options to traders at all levels. Prices range from $0 to $499.99 per month, and traders are able to pay monthly or annually. The yearly plans offer discounts of up to percent.
In the end, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the next level. With features like automated trading, built-in trading strategies, backtesting opportunities, and the ability to support multiple trusted trading platforms, Coinrule provides a reliable instrument that can aid you in making the most of the trading strategies you employ.