The world of trading in cryptocurrency can be very exciting, 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 helps traders adhere to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It is easy to use even for those with no programming knowledge, and provides various options that will help you take 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’s mission is to make trading in cryptocurrencies less tedious by providing an automated platform for trading that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than the amount it had set for.
One of the key advantages of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be extremely volatile, and it is often difficult for traders to keep up with the constantly changing charts. Coinrule allows traders to set up trading rules and then analyzes the market and then makes trades that match their plan of action. This means that traders are able to place their cryptocurrency trading to autopilot, and not spend hours poring over charts.
Coinrule provides built-in trading strategies that traders can select from. There are more than 150 rules to choose from that make it simple for both new and experienced traders to choose the best strategy for them. In addition, traders can stop rules at any time and receive daily emails that contain trading signals that can help them adjust their strategies to market conditions.
Another excellent aspect of Coinrule is the possibility of backtesting. Traders can test out their trading strategy by using historical market data in TradingView. You can choose the currency they plan to trade, the desired time frame and trading strategy to check how many trades the strategy has opened and closed and also the net profit, percentage of profit maximum drawdown, as well as profit factor. This can be a helpful instrument to increase the trust of traders in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader, with a variety of options for traders at all levels. Prices range from $0 to $499.99 per month, and traders can choose to pay monthly or annually. Annual plans provide discounts up to 25 percent.
Overall, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the highest level. With features such as automatic trading and built-in strategies for trading as well as backtesting options, and support for multiple trustworthy trading platforms, Coinrule provides a reliable tool that can help you make the most out of any trading plan.