The world of trading in cryptocurrency is quite thrilling, but it can also become time-consuming and stressful to many investors. This is the point where Coinrule is able to help. Coinrule can be described as an automatic trading tool that helps traders adhere to their cryptocurrency strategy without having to continuously keep track of the market. It’s simple to use even for those with no programming expertise, and comes with various features that can take your trading to the highest step.
Coinrule was established in the year the year 2017 London by a team of cryptocurrency and blockchain enthusiasts. The company aims to make trading in cryptocurrency more efficient by providing an automated platform for trading that can integrate safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over its target.
One of the most important advantages of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be highly volatile and it is often hard for trader to keep track of the constantly changing charts. Coinrule allows traders to establish trading rules and then examines the market and make trades that fit into their plan of action. This means that traders can put their cryptocurrency trading on autopilot and not have to look over charts for hours.
Coinrule provides integrated trading strategies that traders can select from. There are more than 150 trading rules to pick from which makes it simple for both experienced and novice traders to discover an approach that is suitable for them. In addition, traders can stop rules at any time, and will be sent daily emails with signals for trading which can assist them in adjusting their strategy to the market.
Another great feature of Coinrule is its backtesting opportunities. The traders can test their trading strategies based on historical market data using TradingView. You can choose the currency they intend to trade as well as the timeframe they wish to trade and trading strategy, and then check how many trades the strategy has opened and closed and also the net profit, percentage of profit maximum drawdown, as well as profit percentage. This can be an effective method to boost the trust of traders in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to use Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader, offering different options to traders of all levels. Prices start at $0 and go up to $499.99 per month, and traders have the option of paying each month or annually. Annual plans provide discounts of up to%.
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 trading strategies, backtesting opportunities, and support for a variety of trusted exchanges, Coinrule is a robust tool that can assist you in making the most out of any trading plan.