The world of cryptocurrency trading can be quite exciting, but it can also become time-consuming and stressful to many investors. This is where Coinrule is able to help. Coinrule can be described as an automatic trading tool that can help traders adhere to their cryptocurrency strategy without having to constantly keep track of the market. It’s simple to use, even for those without coding expertise, and comes with various options that will take you trading experience to next step.
Coinrule was established in the year 2017 in London by a team of blockchain and cryptocurrency enthusiasts. The company aims at making trading cryptocurrency more efficient by providing an automated platform for trading which can be integrated safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over the amount it had set for.
One of the most important features of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be extremely volatile, and it is often challenging for investors to stay up with the constantly changing charts. Coinrule lets traders establish trading rules and then analyzes the market and then makes trades that are compatible with their strategies. This allows traders to set their cryptocurrency trading to autopilot and not have to go through charts for hours.
Coinrule also offers integrated trading strategies that investors can choose from. There are more than 150 rules available that make it simple for both new and experienced traders to discover 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 that can help them adjust their strategies to market conditions.
Another excellent characteristic of Coinrule is its backtesting opportunities. The traders can test their trading strategies based by using historical market data in TradingView. You can choose the currency they plan to trade and the time frame they want to use, and the trading strategy, and then determine how many trades that the strategy opened and closed in addition to the net profit, the percentage of profitability, maximum drawdown, and the profit ratio. This can be a helpful instrument to increase the trust of traders in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can use Coinrule seamlessly with any of these platforms.
Coinrule offers 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 to $499.99 per month, and traders can choose to pay either monthly or annually. The annual plans can offer discounts up to 25%.
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 automatized trading, integrated trading strategies with backtesting capabilities, as well as the ability to support multiple trusted exchanges, Coinrule provides a reliable tool that will help you make the most out of the trading strategies you employ.