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 can help traders adhere to their cryptocurrency strategy without having to constantly monitor the markets. It’s simple to use, even for those with no programming knowledge, and provides many features that can boost trades to the next level.
Coinrule was founded in 2017 , in London by a team of cryptocurrency and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrencies less tedious by providing an automated trading platform that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than the amount it had set for.
One of the main features of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be highly volatile and it can be hard for trader to keep track of the constantly changing charts. Coinrule lets traders set up trading rules and then examines the market and make trades that are compatible with their strategy. This means that traders are able to set their cryptocurrency trading to autopilot and not look over charts for hours.
Coinrule also offers built-in trading strategies that traders can pick from. There are more than 150 rules to choose from which makes it simple for both experienced and novice traders to choose the best strategy for them. In addition, traders can stop rules at any time and receive daily emails that contain trading signals that can help them adjust their strategies to market conditions.
Another wonderful feature of Coinrule is its backtesting opportunities. Investors can test their trading strategies based on historical market data using TradingView. They can choose the cryptocurrency they plan to trade, the desired time frame, and the trading strategy to check how many trades the strategy has opened and closed and also the net profit, the percentage of profit as well as the maximum drawdown and the profit ratio. This can be a helpful instrument to increase confidence of traders in the trading rules they design.
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 integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader, with different options for traders at all levels. Prices vary from $0 through $499.99 per month. traders are able to pay either monthly or annually. Annual plans provide discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the next level. With features like automated trading, built-in trading strategies as well as backtesting options, and the ability to support multiple trusted exchanges, Coinrule provides a reliable tool that can aid you in making the most out of any trading plan.