The world of cryptocurrency trading can be quite exciting, but it can also 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 can help traders stick to their cryptocurrency strategy without the need to constantly be on the lookout for market trends. It’s easy to use even for those without coding experience, and offers many options that will boost your trading to the highest level.
Coinrule was established in the year 2017 in London by a team of cryptocurrency and blockchain enthusiasts. The company aims at making trading cryptocurrency more efficient by providing an automated trading platform which can be integrated safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above its target.
One of the main aspects of Coinrule is the easy-to-use automated trading system. The cryptocurrency markets can be highly volatile and it is often hard for trader to keep up with the constantly changing charts. Coinrule lets traders set up trading rules and then analyzes the market and then makes trades that fit into their strategies. This means that traders can place their cryptocurrency trading on autopilot and not have to look over charts for hours.
Coinrule provides integrated trading strategies that investors can pick from. There are over 150 trading rules to pick from, making it easy for both new and experienced traders to find a strategy that works for them. Additionally, traders can pause rules at any time, and they will receive free daily emails with signals for trading which can assist them in adjusting their strategies to market conditions.
Another excellent characteristic of Coinrule is its backtesting opportunities. The traders can test their trading rules with historical market data by using TradingView. They can choose the cryptocurrency they plan to trade, the desired time frame, and the trading strategy to see how many trades the strategy has opened and closed, as well as profits net, the percentage of profit maximum drawdown, as well as profit factor. This can be an effective tool for increasing 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. This means that traders can use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Pro, and Trader, offering different options to traders at all levels. Prices vary from $0 through $499.99 per month, and traders can choose to pay each month or annually. The yearly plans offer discounts of up to%.
Overall, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the next level. With features like automatic trading and built-in strategies for trading, backtesting opportunities, and support for multiple trustworthy trading platforms, Coinrule provides a reliable tool that will help you make the most of the trading strategies you employ.