The world of trading cryptocurrency is quite thrilling however, it can be time-consuming and overwhelming to many investors. This is the point where Coinrule is able to help. Coinrule can be described as an automatic tool for trading that helps traders stick to their crypto strategy without having to continuously monitor the markets. It’s easy to use even for people with no programming knowledge, and provides many features that can take trades to the next step.
Coinrule was established in the year 2017 in London by a team of cryptocurrency and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrencies more efficient by providing 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. This is greater than 200% over its goal.
One of the most important advantages of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is very volatile and it can be difficult for traders to keep up with constantly changing charts. Coinrule allows traders to set up trading rules and then examines the market and make trades that match their plan of action. This means that traders are able to put their cryptocurrency trading to autopilot and not spend hours poring over charts.
Coinrule has integrated trading strategies that investors can select from. There are over 150 rules to choose from which makes it simple for both experienced and novice traders to find a strategy that works for them. Furthermore, traders are able to pause rules at any time and they will receive free daily emails with trading signals which can assist them in adjusting their strategy according to the changing market.
Another excellent aspect of Coinrule is its backtesting capabilities. The traders can test their trading strategies based by using historical market data in TradingView. You can choose the currency they plan to trade as well as the timeframe they wish to trade as well as the strategy for trading to determine how many trades that were opened and closed in addition to profits net, percentage of profitability, maximum drawdown, and profit factor. This can be a helpful tool for increasing confidence of traders in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to integrate Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader offering different options to traders at all levels. Prices start at $0 and go up through $499.99 per month. traders can choose to pay each month or annually. Annual plans provide discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the next level. With features such as automated trading, built-in trading strategies with backtesting capabilities, as well as the ability to support multiple trusted cryptocurrency exchanges Coinrule provides a reliable tool that will assist you in making the most out of any trading plan.