The world of cryptocurrency trading can be quite exciting however, it can become time-consuming and stressful to many investors. This is where Coinrule comes in. Coinrule can be described as an automatic tool for trading that helps traders adhere to their cryptocurrency strategy without the need to constantly monitor the markets. It’s easy to use even for those with no programming experience, and offers various features that can help you take your trading to the highest step.
Coinrule was founded in 2017 , in London by a team 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 multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its goal.
One of the key aspects of Coinrule is the user-friendly automated trading. The markets for cryptocurrency can be very volatile and it is often difficult for traders to keep up with ever-changing charts. Coinrule lets traders set up trading rules and then analyzes the market and then makes trades that match their plan of action. This allows traders to place their cryptocurrency trading up to run on autopilot and not have to spend hours poring over charts.
Coinrule has built-in trading strategies that traders can pick from. There are more than 150 rules available, making it easy for both new and experienced traders to discover the best strategy for them. In addition, traders can stop rules at any time, and will be sent daily emails that contain trading signals which can assist them in adjusting their strategies to market conditions.
Another great characteristic of Coinrule is the possibility of backtesting. Traders can test out their trading strategies based on historical market data using TradingView. They can choose the cryptocurrency they intend to trade as well as the timeframe they wish to trade as well as the strategy for trading to determine how many trades that the strategy has opened and closed in addition to profits net, percentage of profit maximum drawdown, as well as profit percentage. This can be an effective tool for increasing a trader’s confidence in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader, with a variety of options for traders of all levels. Prices range from $0 to $499.99 per month. traders are able to pay each month or annually. The annual plans can offer discounts up to 25%.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the next level. With features such as automatic trading and built-in strategies for trading as well as backtesting options, and support for multiple trustworthy exchanges, Coinrule can be a powerful tool that will aid you in making the most out of the trading strategies you employ.