The world of trading cryptocurrency can be very exciting, but it can also 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 constantly monitor the markets. It is easy to use even for those with no programming expertise, and comes with many options to help you take you trading experience to highest level.
Coinrule was founded in 2017 in London by a group of blockchain and cryptocurrency enthusiasts. The company aims at making trading cryptocurrency easier by offering an automated platform for trading that is able to integrate securely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its goal.
One of the most important features of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be highly volatile and it is often difficult for traders to keep track of the ever-changing charts. Coinrule allows traders to establish trading rules and then monitors the market and makes trades that match their plan of action. This means that traders can place their cryptocurrency trading up to run on autopilot, and not go through charts for hours.
Coinrule also offers built-in trading strategies that traders can select from. There are over 150 trading rules to pick from, making it easy for both experienced and novice traders to choose an approach that is suitable for them. In addition, traders can stop rules at any time, and receive 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. Traders can test out their trading strategy by using historical market data in TradingView. They can choose the cryptocurrency they plan to trade, the desired time frame and trading strategy and check how many trades the strategy opened and closed, as well as profits net, the percentage of profitability as well as the maximum drawdown and the profit ratio. This can be an effective tool for increasing a trader’s confidence 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 connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader with different options for traders of all levels. Prices vary from $0 to $499.99 per month. traders are able to pay each month or annually. The annual plans can offer discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest level. With features such as automatized trading, integrated trading strategies, backtesting opportunities, and the ability to support multiple trusted cryptocurrency exchanges Coinrule can be a powerful tool that will aid you in making the most of your trading strategy.