The world of trading in cryptocurrency can be quite exciting however, it can be time-consuming and overwhelming to many investors. This is 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 expertise, and comes with many options to take trades to the highest step.
Coinrule was established in 2017 in London by a team of crypto and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrency more efficient by providing an automated trading platform that is able to integrate securely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than the amount it had set for.
One of the most important features of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be extremely volatile, and it is often challenging for investors to stay up with the constantly changing charts. Coinrule lets traders create trading rules, and then analyzes the market and then makes trades that are compatible with their strategies. This means that traders are able to put their cryptocurrency trading on autopilot and not have to look over charts for hours.
Coinrule also offers integrated trading strategies that traders can select from. There are over 150 rules to choose from, making it easy for both experienced and novice traders to choose an approach that is suitable for them. In addition, traders can stop rules at any point, and will be sent daily emails with signals for trading which can assist them in adjusting their strategy to the market.
Another wonderful aspect of Coinrule is its backtesting capabilities. The traders can test their trading strategies based on historical market data using TradingView. They can select the coin they will be trading, the desired time frame as well as the strategy for trading and check how many trades were opened and closed in addition to profits net, percentage of profitability maximum drawdown, as well as profit percentage. This can be an effective tool for increasing the trust of traders in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Trader, and Pro, offering different options to traders at all levels. Prices range from $0 and up to $499.99 per month. traders have the option of paying either monthly or annually. Annual plans provide discounts up to 25%.
In the end, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest level. With features such as automatic trading and built-in trading strategies, backtesting opportunities, and support for multiple trustworthy trading platforms, Coinrule can be a powerful instrument that can help you make the most of your trading strategy.