The world of trading in cryptocurrency can be very exciting however, it can become time-consuming and stressful to many investors. This is the point where Coinrule comes in. Coinrule can be described as an automatic trading tool that helps traders stick to their crypto strategy without the need to constantly be on the lookout for market trends. It is easy to use even for people with no programming experience, and offers a variety of options that will help you take you trading experience to next level.
Coinrule was established in the year 2017 in London by a group of blockchain and cryptocurrency enthusiasts. The company aims to make trading in cryptocurrency less tedious by providing an automated trading platform which can be integrated safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than its goal.
One of the main features of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be highly volatile and it is often challenging for investors to stay track of the constantly changing charts. Coinrule allows traders to set up trading rules and then monitors the market and makes trades that are compatible with their strategy. This means that traders are able to set their cryptocurrency trading on autopilot and not look over charts for hours.
Coinrule has integrated trading strategies that investors can pick from. There are over 150 trading rules to pick from that make it simple for both new and experienced traders to choose a strategy that works for them. Additionally, traders can pause rules at any time, and they will receive free daily emails that contain trading signals which can assist them in adjusting their strategy to the market.
Another excellent aspect of Coinrule is its backtesting capabilities. Traders can test out their trading rules on historical market data using TradingView. They can choose the cryptocurrency they intend to trade and the time frame they want to use, and the trading strategy to check how many trades were opened and closed in addition to the net profit, percentage of profitability as well as the maximum drawdown and the profit ratio. This can be a helpful method to boost confidence of traders in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to use Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Pro, and Trader, with a variety of options for traders at all levels. Prices vary from $0 and up to $499.99 per month, and traders have the option of paying either monthly or annually. The annual plans can offer discounts of up to percent.
In the end, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the next level. With features like automatic trading and built-in trading strategies with backtesting capabilities, as well as support for a variety of trusted exchanges, Coinrule provides a reliable tool that can assist you in making the most out of the trading strategies you employ.