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 monitor the markets. It’s easy to use, even for those without coding knowledge, and provides a variety of options to boost trades to the next step.
Coinrule was founded in 2017 in London by a team of crypto and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrency easier by offering an automated trading platform which can be integrated safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above its goal.
One of the key features of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be highly volatile and it can be challenging for investors to stay track of the constantly changing charts. Coinrule lets traders establish trading rules and then analyzes the market and then makes trades that match their strategies. This means that traders can place their cryptocurrency trading on autopilot and not have to spend hours poring over charts.
Coinrule also offers built-in trading strategies that traders can choose from. There are over 150 rules to choose from, making it easy for both experienced and novice traders to find an approach that is suitable for them. Additionally, traders can pause rules at any time, and will be sent daily emails with signals for trading that can help them adjust their strategy to the market.
Another excellent feature of Coinrule is its backtesting capabilities. The traders can test their trading strategies based by using historical market data in TradingView. They can choose the cryptocurrency they will be trading and the time frame they want to use, and the trading strategy to see how many trades the strategy has opened and closed, as well as the net profit, the percentage of profit, maximum drawdown, and profit factor. This can be an effective instrument to increase a trader’s confidence in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can integrate Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader, with a variety of options for traders at all levels. Prices range from $0 and up to $499.99 per month, and traders can choose to pay monthly or annually. The annual plans can offer discounts of up to percent.
In the end, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the next level. With features like automatized trading, integrated trading strategies as well as backtesting options, and support for a variety of trusted cryptocurrency exchanges Coinrule provides a reliable instrument that can aid you in making the most of your trading strategy.