The world of trading in cryptocurrency is quite thrilling however, it can become time-consuming and stressful to many investors. This is the point where Coinrule is able to help. Coinrule can be described as an automatic trading tool that helps traders stick to their cryptocurrency strategy without having to constantly be on the lookout for market trends. It’s easy to use even for those without coding knowledge, and provides various options to take trades to the next level.
Coinrule was established in the year 2017 , in London by a team of cryptocurrency and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrencies less tedious by providing an automated trading platform that can integrate safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above the amount it had set for.
One of the key features of Coinrule is its easy to use automated trading. The market for cryptocurrency is extremely volatile, and it is often difficult for traders to keep up with constantly changing charts. Coinrule lets traders establish trading rules and then monitors the market and makes trades that match their strategy. This means that traders can put their cryptocurrency trading on autopilot, and not spend hours poring over charts.
Coinrule provides integrated trading strategies that traders can pick from. There are more than 150 rules available that make it simple for both experienced and novice traders to find the best strategy for them. In addition, traders can stop rules at any time and they will receive free daily emails with signals for trading to help them adapt their strategies to market conditions.
Another great aspect of Coinrule is the possibility of backtesting. Investors can test their trading strategy on historical market data using TradingView. They can choose the cryptocurrency they plan to trade, the desired time frame as well as the strategy for trading to check how many trades the strategy has opened and closed, as well as the net profit, the percentage of profit maximum drawdown, as well as the profit ratio. This is a useful tool for increasing the trust of traders in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Pro, and Trader with a variety of options for traders at all levels. Prices start at $0 and go up and up to $499.99 per month. traders have the option of paying monthly or annually. The yearly plans offer discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the next level. With features such as automatic trading and built-in trading strategies with backtesting capabilities, as well as support for multiple trustworthy cryptocurrency exchanges Coinrule can be a powerful tool that can help you make the most out of your trading strategy.