The world of trading in cryptocurrency is quite thrilling 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 tool for trading that helps traders stick to their crypto strategy without having to continuously monitor the markets. It is easy to use even for those without coding knowledge, and provides many options that will help you take you trading experience to highest step.
Coinrule was founded in 2017 in London by a team of blockchain and cryptocurrency enthusiasts. The company aims create a system that makes trading cryptocurrencies less tedious by providing an automated platform for trading that is able to integrate securely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above its target.
One of the key features of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be highly volatile and it can be difficult for traders to keep up with constantly changing charts. Coinrule allows traders to create trading rules, and then monitors the market and makes trades that are compatible with their strategies. This allows traders to set their cryptocurrency trading to autopilot and not have to spend hours poring over charts.
Coinrule provides built-in trading strategies that traders can choose from. There are over 150 rules to choose from, making it easy for both novice and experienced traders to discover an approach that is suitable for them. Furthermore, traders are able to pause rules at any point, and receive daily emails with trading signals that can help them adjust their strategies to market conditions.
Another great feature of Coinrule is the possibility of backtesting. The traders can test their trading strategy with historical market data by using TradingView. They can choose the cryptocurrency they will be trading and the time frame they want to use and trading strategy and see how many trades the strategy opened and closed and also its net profits, percentage of profit, maximum drawdown, and the profit ratio. This can be an effective instrument to increase the trust of traders in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to use Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Trader, and Pro, offering different options to traders at all levels. Prices range from $0 and up to $499.99 per month, and traders are able to pay either monthly or annually. The annual plans can offer discounts of up to 25%.
In the end, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest possible level. With features like automated trading, built-in trading strategies as well as backtesting options, and the ability to support multiple trusted trading platforms, Coinrule can be a powerful instrument that can assist you in making the most of the trading strategies you employ.