The world of trading cryptocurrency can be very exciting, but it can also become time-consuming and stressful to many investors. This is the point where Coinrule comes in. Coinrule is an automated tool for trading that helps traders adhere to their cryptocurrency strategy without having to constantly monitor the markets. It’s simple to use even for those with no programming knowledge, and provides a variety of options that will help you take trades to the next level.
Coinrule was established in 2017 , in London by a team of crypto and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrency less tedious 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, more than 200% above the amount it had set for.
One of the main features of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be extremely volatile, and it can be challenging for investors to stay up with the constantly changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that fit into their strategies. This allows traders to place their cryptocurrency trading to autopilot and not have to look over charts for hours.
Coinrule also offers built-in trading strategies that traders can pick from. There are more than 150 rules to choose from which makes it simple for both experienced and novice traders to find the best strategy for them. Furthermore, traders are able to pause rules at any time and will be sent daily emails with signals for trading to help them adapt their strategy to the market.
Another great characteristic of Coinrule is its backtesting opportunities. The traders can test their trading rules with historical market data by using TradingView. You can choose the currency they intend to trade as well as the timeframe they wish to trade and trading strategy to check how many trades the strategy opened and closed and also the net profit, the percentage of profitability maximum drawdown, as well as profit percentage. This can be a helpful method to boost a trader’s confidence 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 integrate Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader, with different options for traders at all levels. Prices start at $0 and go up to $499.99 per month. traders are able to pay monthly or annually. The yearly plans offer discounts of up to 25 percent.
Overall, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the next level. With features like automatic trading and built-in trading strategies with backtesting capabilities, as well as support for multiple trustworthy trading platforms, Coinrule provides a reliable instrument that can assist you in making the most of your trading strategy.