The world of trading in cryptocurrency is quite thrilling However, it can be time-consuming and overwhelming to many investors. This is the point where Coinrule comes in. Coinrule can be described as an automatic trading tool that can help traders stick to their crypto strategy without the need to constantly monitor the markets. It’s simple to use even for those with no programming expertise, and comes with various features that can help you take trades to the next level.
Coinrule was established in the year 2017 London by a team of cryptocurrency and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrencies less tedious by providing an automated trading platform that can integrate safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than the amount it had set for.
One of the main features of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be highly volatile and it is often difficult for traders to keep track of the constantly changing charts. Coinrule lets traders create trading rules, and then analyzes the market and then makes trades that match their strategies. This means that traders can set their cryptocurrency trading to autopilot and not go through charts for hours.
Coinrule also offers integrated trading strategies that investors can select from. There are more than 150 rules to choose from, making it easy for both experienced and novice traders to choose a strategy that works for them. In addition, traders can stop rules at any point, and they will receive free daily emails with signals for trading which can assist them in adjusting their strategies to market conditions.
Another wonderful characteristic of Coinrule is its backtesting capabilities. The traders can test their trading rules on historical market data using TradingView. They can select the coin they intend to trade as well as the timeframe they wish to trade, and the trading strategy and see how many trades the strategy has opened and closed, as well as the net profit, the percentage of profit, maximum drawdown, and the profit ratio. This is a useful instrument to increase the trust of traders in their trading strategies they develop.
Coinrule is also compatible with a variety of reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader with a variety of options for traders at all levels. Prices start at $0 and go up and up to $499.99 per month. traders can choose to pay monthly or annually. The annual plans can offer discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest possible level. With features like automatized trading, integrated strategies for trading with backtesting capabilities, as well as support for a variety of trusted exchanges, Coinrule is a robust tool that can help you make the most out of the trading strategies you employ.