The world of trading in cryptocurrency can be quite exciting however, it can become time-consuming and stressful to many investors. This is where Coinrule comes in. Coinrule can be described as an automatic trading tool that can help traders stick to their cryptocurrency strategy without having to continuously 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 to help you take trades to the next step.
Coinrule was established in 2017 , in London by a group of crypto and blockchain enthusiasts. The company aims at making trading cryptocurrencies more efficient by providing an automated platform for trading which can be integrated safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above its goal.
One of the main aspects of Coinrule is the user-friendly automated trading. The markets for cryptocurrency can be very volatile and it can be hard for trader to keep up with ever-changing charts. Coinrule allows traders to create trading rules, and then analyzes the market and then makes trades that fit into their strategies. This means that traders are able to place their cryptocurrency trading to autopilot, and not spend hours poring over charts.
Coinrule provides built-in trading strategies that traders can pick from. There are more than 150 rules to choose from, making it easy for both experienced and novice traders to find an approach that is suitable for them. In addition, traders can stop rules at any time, and receive daily emails that contain trading signals that can help them adjust their strategies to market conditions.
Another great characteristic of Coinrule is the possibility of backtesting. The traders can test their trading rules on historical market data using TradingView. You can choose the currency they plan to trade and the time frame they want to use, and the trading strategy and see how many trades were opened and closed and also profits net, percentage of profit, maximum drawdown, and profit percentage. This is a useful method to boost the trust of traders in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Pro, and Trader with a variety of options for traders of all levels. Prices range from $0 to $499.99 per month, and traders can choose to pay each month or annually. Annual plans provide discounts of up to%.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the highest possible level. With features like automatized trading, integrated trading strategies, backtesting opportunities, and the ability to support multiple trusted cryptocurrency exchanges Coinrule can be a powerful tool that can assist you in making the most of your trading strategy.