The world of trading in cryptocurrency can be quite exciting However, it can be time-consuming and overwhelming to many investors. This is where Coinrule comes in. Coinrule is an automated trading tool that helps traders adhere to their cryptocurrency strategy without the need to constantly keep track of the market. It’s simple to use even for people with no programming knowledge, and provides many options that will help you take you trading experience to next step.
Coinrule was established in the year 2017 in London by a group of crypto and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrencies less tedious by providing an automated platform for trading which can be integrated safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over its goal.
One of the key advantages 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 constantly changing charts. Coinrule allows traders to set up trading rules and then monitors the market and makes trades that are compatible with their plan of action. This allows traders to put their cryptocurrency trading on autopilot, and not look over charts for hours.
Coinrule provides 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 an approach that is suitable for them. Additionally, traders can pause rules at any time, and they will receive free daily emails with trading signals to help them adapt their strategy according to the changing market.
Another wonderful feature of Coinrule is the possibility of backtesting. Investors can test their trading rules on historical market data using TradingView. You can choose the currency they intend to trade and the time frame they want to use, and the trading strategy to see how many trades were opened and closed, as well as the net profit, the percentage of profit, maximum drawdown, and the profit ratio. This can be a helpful method to boost the trust of traders in their trading strategies they develop.
Coinrule also supports multiple trustworthy 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 offers four pricing levels including Starter, Hobbyist Pro, and Trader, offering different options to traders at all levels. Prices start at $0 and go up and up to $499.99 per month, and traders can choose to pay each month or annually. The yearly plans offer discounts up to 25%.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the next level. With features like automatic trading and built-in trading strategies as well as backtesting options, and support for multiple trustworthy cryptocurrency exchanges Coinrule provides a reliable tool that will assist you in making the most out of your trading strategy.