The world of trading cryptocurrency is quite thrilling 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 tool for trading that helps traders adhere to their cryptocurrency strategy without having to continuously monitor the markets. It’s easy to use even for those without coding expertise, and comes with a variety of options that will help you take you trading experience to next level.
Coinrule was established in the year 2017 London by a team of blockchain and cryptocurrency enthusiasts. The company aims at making trading cryptocurrency more efficient by providing an automated trading platform which can be integrated safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above its target.
One of the key aspects of Coinrule is the user-friendly automated trading. The markets for cryptocurrency can be extremely volatile, and it can be difficult for traders to keep track of the constantly changing charts. Coinrule allows traders to establish trading rules and then monitors the market and makes trades that match their plan of action. This means that traders can place their cryptocurrency trading up to run on autopilot and not look over charts for hours.
Coinrule has integrated trading strategies that investors can choose from. There are more than 150 rules to choose from, making it easy for both new and experienced traders to discover a strategy that works for them. In addition, traders can stop rules at any point, and receive daily emails with trading signals that can help them adjust their strategy to the market.
Another wonderful feature of Coinrule is its backtesting capabilities. The traders can test their trading rules on historical market data using TradingView. They can choose the cryptocurrency they will be trading, the desired time frame as well as the strategy for trading, and then see 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 percentage. This can be an effective tool for increasing a trader’s confidence in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to integrate Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader with a variety of options for traders at all levels. Prices start at $0 and go up to $499.99 per month. traders can choose to pay monthly or annually. The annual plans can offer discounts of up to percent.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the next level. With features like automatized trading, integrated strategies for trading as well as backtesting options, and the ability to support multiple trusted exchanges, Coinrule provides a reliable tool that will help you make the most of any trading plan.