The world of trading cryptocurrency can be quite exciting, but it can also become time-consuming and stressful for many traders. 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 keep track of the market. It’s simple to use even for people with no programming expertise, and comes with various features that can help you take trades to the next step.
Coinrule was founded in 2017 in London by a group of cryptocurrency and blockchain enthusiasts. The company aims to make trading in cryptocurrency easier by offering an automated trading platform that can integrate safely with multiple 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 advantages of Coinrule is its easy to use automated trading. The cryptocurrency markets can be extremely volatile, and it can be challenging for investors to stay up with ever-changing charts. Coinrule allows traders to create trading rules, and then analyzes the market and then makes trades that match their strategies. This allows traders to put their cryptocurrency trading to autopilot and not have to spend hours poring over charts.
Coinrule also offers integrated trading strategies that traders can pick from. There are more than 150 trading rules to pick from, making it easy for both novice and experienced traders to find an approach that is suitable for them. Furthermore, traders are able to pause rules at any point, and they will receive free daily emails that contain trading signals which can assist them in adjusting their strategy according to the changing market.
Another wonderful characteristic of Coinrule is its backtesting capabilities. Traders can test out their trading rules by using historical market data in TradingView. You can choose the currency they will be trading as well as the timeframe they wish to trade as well as the strategy for trading and check how many trades the strategy opened and closed in addition to its net profits, percentage of profit, maximum drawdown, and the profit ratio. This can be an effective method to boost confidence of traders in their trading strategies they develop.
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 integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader with different options for traders of all levels. Prices range from $0 to $499.99 per month, and traders have the option of paying either monthly or annually. Annual plans provide discounts of up to 25 percent.
Overall, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the highest level. With features like automated trading, built-in strategies for trading, backtesting opportunities, and support for multiple trustworthy cryptocurrency exchanges Coinrule can be a powerful instrument that can assist you in making the most of your trading strategy.