The world of trading in cryptocurrency is quite thrilling however, it can be time-consuming and overwhelming 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 stick to their cryptocurrency strategy without the need to constantly be on the lookout for market trends. It is easy to use, even for those without coding expertise, and comes with many options to boost you trading experience to highest level.
Coinrule was founded in the year 2017 London by a team of crypto and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrency easier by offering an automated platform for trading that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over its goal.
One of the most important advantages of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be highly volatile and it is often difficult for traders to keep track of the constantly changing charts. Coinrule allows traders to set up trading rules and then examines the market and make trades that are compatible with their plan of action. This means that traders can set their cryptocurrency trading to autopilot and not go through charts for hours.
Coinrule has integrated trading strategies that traders can choose from. There are over 150 rules available which makes it simple for both experienced and novice traders to find an approach that is suitable for them. Furthermore, traders are able to pause rules at any time, and receive daily emails with trading signals to help them adapt their strategy according to the changing market.
Another wonderful aspect of Coinrule is the possibility of backtesting. Investors can test their trading strategy on historical market data using TradingView. They can select the coin they will be trading as well as the timeframe they wish to trade, and the trading strategy to check how many trades the strategy opened and closed and also profits net, the percentage of profitability maximum drawdown, as well as profit factor. This is a useful method to boost the trust of traders in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges like 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 levels, Starter, Hobbyist, Pro, and Trader, with different options for traders at all levels. Prices start at $0 and go up and up to $499.99 per month, and traders are able to pay each month or annually. Annual plans provide discounts of up to percent.
Overall, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest level. With features such as automated trading, built-in strategies for trading as well as backtesting options, and support for multiple trustworthy trading platforms, Coinrule is a robust tool that will assist you in making the most of the trading strategies you employ.