The world of trading in cryptocurrency can be very exciting However, it can be time-consuming and overwhelming to many investors. This is where Coinrule comes in. Coinrule can be described as an automatic trading tool that can help traders adhere 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 knowledge, and provides many options to take trades to the next step.
Coinrule was founded in 2017 , in London by a team of blockchain and cryptocurrency enthusiasts. The company aims at making trading cryptocurrencies easier by offering an automated platform for trading which can be integrated safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over the amount it had set for.
One of the key features of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be very volatile and it is often difficult for traders to keep up with constantly changing charts. Coinrule lets traders 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 put their cryptocurrency trading to autopilot and not spend hours poring over charts.
Coinrule has integrated trading strategies that investors can select from. There are more than 150 rules available that make it simple for both new and experienced traders to discover a strategy that works for them. Furthermore, traders are able to pause rules at any point, and they will receive free daily emails with signals for trading that can help them adjust their strategies to market conditions.
Another great feature of Coinrule is its backtesting capabilities. Investors can test their trading strategy with historical market data by using TradingView. You can choose the currency they will be trading as well as the timeframe they wish to trade and trading strategy to check how many trades the strategy opened and closed, as well as its net profits, percentage of profitability maximum drawdown, as well as the profit ratio. This is a useful tool for increasing the trust of traders in their trading strategies they develop.
Coinrule also supports multiple trustworthy 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 tiers, Starter, Hobbyist, Pro, and Trader, with a variety of options for traders of all levels. Prices vary from $0 to $499.99 per month. traders can choose to pay monthly or annually. The annual plans can offer discounts up to 25%.
All in all, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest possible level. With features such as automatic trading and built-in trading strategies with backtesting capabilities, as well as support for multiple trustworthy exchanges, Coinrule provides a reliable instrument that can help you make the most out of the trading strategies you employ.