The world of trading in cryptocurrency can be very exciting, but it can also become time-consuming and stressful for many traders. This is the point where Coinrule comes in. Coinrule can be described as an automatic trading tool 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 experience, and offers a variety of features that can take your trading to the next level.
Coinrule was established in the year 2017 in London by a team of blockchain and cryptocurrency enthusiasts. The company aims create a system that makes trading cryptocurrencies easier by offering an automated platform for trading that can integrate safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above its target.
One of the main advantages of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be highly volatile and it is often challenging for investors to stay up with ever-changing charts. Coinrule allows traders to establish trading rules and then analyzes the market and then makes trades that match their strategy. This allows traders to place their cryptocurrency trading on autopilot and not have to go through charts for hours.
Coinrule provides integrated trading strategies that traders can choose from. There are more than 150 trading rules to pick from, making it easy for both new and experienced traders to choose an approach that is suitable for them. Additionally, traders can pause rules at any time, and will be sent daily emails that contain trading signals which can assist them in adjusting their strategy to the market.
Another wonderful characteristic of Coinrule is its backtesting capabilities. The traders can test their trading strategies based by using historical market data in TradingView. They can select the coin they intend to trade, the desired time frame and trading strategy to check how many trades were opened and closed in addition to its net profits, the percentage of profitability maximum drawdown, as well as profit percentage. This is a useful tool for increasing a trader’s confidence in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Pro, and Trader, with different options for traders of all levels. Prices vary from $0 and up to $499.99 per month. traders are able to pay either monthly or annually. The yearly plans offer discounts of up to%.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the highest level. With features like automatized trading, integrated trading strategies with backtesting capabilities, as well as the ability to support multiple trusted trading platforms, Coinrule is a robust tool that can help you make the most out of your trading strategy.