The world of cryptocurrency trading can be very exciting, but it can also become time-consuming and stressful to many investors. This is the point where Coinrule comes in. Coinrule can be described as an automatic tool for trading that helps traders stick to their crypto strategy without having to constantly keep track of the market. It’s simple to use even for people with no programming expertise, and comes with various options to boost you trading experience to highest step.
Coinrule was established in the year 2017 London by a team of cryptocurrency and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrency easier by offering an automated platform for trading that is able to integrate securely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above the amount it had set for.
One of the main aspects of Coinrule is the easy to use automated trading. The market for cryptocurrency is highly volatile and it can be challenging for investors to stay up with the ever-changing charts. Coinrule lets traders create trading rules, and then analyzes the market and then makes trades that fit into their plan of action. This means that traders are able to put their cryptocurrency trading up to run on autopilot and not go through charts for hours.
Coinrule provides integrated trading strategies that traders can choose from. There are over 150 trading rules to pick from which makes it simple for both experienced and novice traders to discover an approach that is suitable for them. Additionally, traders can pause rules at any time and receive daily emails that contain trading signals to help them adapt their strategy to the market.
Another wonderful characteristic of Coinrule is the possibility of backtesting. Traders can test out their trading strategy with historical market data by using TradingView. They can select the coin they will be trading, the desired time frame as well as the strategy for trading to check how many trades the strategy has opened and closed, as well as its net profits, percentage of profitability as well as the maximum drawdown and profit factor. This is a useful tool for increasing confidence of traders in their trading strategies they develop.
Coinrule is also compatible with a variety of reliable exchanges, including 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, Starter, Hobbyist, Pro, and Trader offering different options to traders at all levels. Prices start at $0 and go up and up to $499.99 per month. traders are able to pay each month or annually. The yearly plans offer discounts of 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 next level. With features like automated trading, built-in strategies for trading as well as backtesting options, and support for multiple trustworthy exchanges, Coinrule provides a reliable tool that can aid you in making the most of any trading plan.