The world of trading cryptocurrency is quite thrilling However, it can 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 crypto strategy without the need to constantly monitor the markets. It’s easy to use even for those without coding knowledge, and provides many options that will boost your trading to the next level.
Coinrule was established in the year 2017 London by a group of crypto and blockchain enthusiasts. The company aims at making trading cryptocurrency more efficient by providing an automated trading platform that is able to integrate securely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than the amount it had set for.
One of the most important features of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be very volatile and it can be hard for trader to keep up with the constantly changing charts. Coinrule lets traders create trading rules, and then monitors the market and makes trades that fit into their strategy. This means that traders are able to place their cryptocurrency trading up to run on autopilot and not spend hours poring over charts.
Coinrule provides integrated trading strategies that investors can pick from. There are over 150 rules to choose from, making it easy for both new and experienced traders to find an approach that is suitable for them. Additionally, traders can pause rules at any point, and they will receive free daily emails that contain trading signals which can assist them in adjusting their strategies to market conditions.
Another great characteristic of Coinrule is its backtesting capabilities. Investors can test their trading strategy with historical market data by using TradingView. They can select the coin they intend to trade, the desired time frame, and the trading strategy and 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 is a useful instrument to increase a trader’s confidence in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges, including 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 tiers, Starter, Hobbyist, Pro, and Trader, offering different options to traders at all levels. Prices vary from $0 to $499.99 per month. traders have the option of paying monthly or annually. The yearly plans offer discounts up to 25 percent.
In the end, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest possible level. With features such as automatic trading and built-in strategies for trading as well as backtesting options, and the ability to support multiple trusted exchanges, Coinrule is a robust instrument that can aid you in making the most out of your trading strategy.