The world of trading in cryptocurrency can be very exciting however, it can be time-consuming and overwhelming to many investors. This is where Coinrule is able to help. Coinrule is an automated trading tool that can help traders adhere to their cryptocurrency strategy without having to constantly monitor the markets. It is easy to use, even for people with no programming expertise, and comes with many options to take trades to the highest level.
Coinrule was established in the year 2017 , in London by a group of cryptocurrency and blockchain enthusiasts. The company aims at making trading cryptocurrency 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. This is 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 cryptocurrency markets can be very volatile and it can be difficult for traders to keep up with ever-changing charts. Coinrule lets traders set up trading rules and then examines the market and make trades that match their strategy. This means that traders can put their cryptocurrency trading on autopilot and not look over charts for hours.
Coinrule provides built-in trading strategies that traders can choose from. There are more than 150 rules available which makes it simple for both experienced and novice traders to choose a strategy that works for them. Additionally, traders can pause rules at any time and receive daily emails with signals for trading that can help them adjust their strategy to the market.
Another wonderful characteristic of Coinrule is its backtesting capabilities. Investors can test their trading strategies based on historical market data using TradingView. You can choose the currency they intend to trade and the time frame they want to use as well as the strategy for trading, and then determine how many trades that the strategy has opened and closed, as well as the net profit, percentage of profitability as well as the maximum drawdown and profit factor. This can be a helpful method to boost confidence of traders in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader, with a variety of options for traders of all levels. Prices start at $0 and go up to $499.99 per month. traders are able to pay each month or annually. The yearly plans offer discounts of up to 25%.
In the end, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest possible level. With features such as automatic trading and built-in trading strategies, backtesting opportunities, and support for multiple trustworthy trading platforms, Coinrule can be a powerful instrument that can help you make the most of your trading strategy.