The world of trading cryptocurrency is quite thrilling, but it can also become time-consuming and stressful to many investors. This is the point where Coinrule comes in. Coinrule can be described as an automatic trading tool that helps traders stick to their crypto strategy without the need to constantly keep track of the market. It’s easy to use even for those with no programming experience, and offers a variety of options to boost you trading experience to next level.
Coinrule was established in the year the year 2017 London by a group of crypto and blockchain enthusiasts. Its goal is to make trading in 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 over 200% more than its goal.
One of the main features of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be extremely volatile, and it is often challenging for investors to stay up with the constantly changing charts. Coinrule allows traders to create trading rules, and then monitors the market and makes trades that are compatible with their strategy. This means that traders can set their cryptocurrency trading on autopilot, and not go through charts for hours.
Coinrule has integrated trading strategies that traders can choose from. There are over 150 rules to choose from which makes it simple for both experienced and novice traders to find an approach that is suitable for them. Additionally, traders can pause rules at any time and receive daily emails that contain trading signals that can help them adjust their strategy to the market.
Another excellent aspect of Coinrule is its backtesting capabilities. Investors can test their trading rules on historical market data using TradingView. You can choose the currency they will be trading as well as the timeframe they wish to trade as well as the strategy for trading and check how many trades the strategy has opened and closed in addition to the net profit, the percentage of profit as well as the maximum drawdown and profit factor. This can be an effective instrument to increase a trader’s confidence in their trading strategies they develop.
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 use Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader with a variety of options for traders at all levels. Prices start at $0 and go up to $499.99 per month, and traders are able to pay each month or annually. Annual plans provide discounts up to 25%.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest possible level. With features such as automatic trading and built-in trading strategies with backtesting capabilities, as well as the ability to support multiple trusted trading platforms, Coinrule can be a powerful tool that will aid you in making the most of the trading strategies you employ.