The world of trading in cryptocurrency is quite thrilling However, it can be time-consuming and overwhelming to many investors. This is the point where Coinrule comes in. Coinrule can be described as an automatic tool for trading that helps traders stick to their cryptocurrency strategy without having to continuously monitor the markets. It is easy to use, even for people with no programming experience, and offers many options to take your trading to the highest level.
Coinrule was established in the year the year 2017 London by a group of blockchain and cryptocurrency enthusiasts. The company’s mission is at making trading cryptocurrencies less tedious by providing an automated trading platform that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above the amount it had set for.
One of the main features of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be extremely volatile, and it is often hard for trader to keep up with ever-changing charts. Coinrule allows traders to establish trading rules and then analyzes the market and then makes trades that are compatible with their strategy. This means that traders can put their cryptocurrency trading to autopilot and not spend hours poring over charts.
Coinrule provides integrated trading strategies that traders can pick from. There are over 150 rules available which makes it simple for both novice and experienced traders to discover a strategy that works for them. Furthermore, traders are able to pause rules at any time and receive daily emails with trading signals to help them adapt their strategy to the market.
Another great aspect of Coinrule is the possibility of backtesting. Traders can test out their trading strategy on historical market data using TradingView. They can select the coin they plan to trade, the desired time frame, and the trading strategy, and then see how many trades the strategy has opened and closed and also profits net, percentage of profitability maximum drawdown, as well as profit factor. This can be a helpful instrument to increase confidence of traders in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to use Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Trader, and Pro, with different options for traders at all levels. Prices vary from $0 and up to $499.99 per month, and traders can choose to pay either monthly or annually. Annual plans provide discounts of up to 25%.
All in all, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the next level. With features like automatized trading, integrated trading strategies with backtesting capabilities, as well as support for multiple trustworthy exchanges, Coinrule is a robust tool that will aid you in making the most of your trading strategy.