The world of trading cryptocurrency can be quite exciting however, it can be time-consuming and overwhelming 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 crypto strategy without having to constantly be on the lookout for market trends. It’s simple to use, even for those without coding expertise, and comes with many options to help you take your trading to the highest step.
Coinrule was established in 2017 , in London by a team of cryptocurrency and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrency easier by offering an automated trading platform that is able to integrate securely with several 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 main features of Coinrule is its user-friendly automated trading. The market for cryptocurrency is very volatile and it is often hard for trader to keep track of the ever-changing charts. Coinrule allows traders to set up trading rules and then monitors the market and makes trades that fit into their plan of action. This allows traders to put their cryptocurrency trading up to run on autopilot, and not go through charts for hours.
Coinrule has integrated trading strategies that investors can pick from. There are over 150 rules available that make it simple for both novice and experienced traders to find a strategy that works for them. In addition, traders can stop rules at any point, and they will receive free daily emails that contain trading signals that can help them adjust their strategies to market conditions.
Another wonderful feature of Coinrule is its backtesting capabilities. Traders can test out their trading strategy on historical market data using TradingView. They can select the coin they intend to trade and the time frame they want to use and trading strategy to check how many trades the strategy has opened and closed and also its net profits, the percentage of profitability maximum drawdown, as well as profit percentage. This is a useful method to boost confidence of traders in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to use Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Pro, and Trader, with a variety of options for traders at all levels. Prices range from $0 and up to $499.99 per month. traders are able to pay either monthly or annually. The yearly plans offer discounts up to 25 percent.
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 such as automatized trading, integrated strategies for trading as well as backtesting options, and the ability to support multiple trusted trading platforms, Coinrule provides a reliable tool that will assist you in making the most out of your trading strategy.