The world of trading in cryptocurrency can be very exciting however, it can be time-consuming and overwhelming to many investors. This is where Coinrule is in. Coinrule is an automated tool for trading that helps traders adhere to their cryptocurrency strategy without having to continuously monitor the markets. It’s easy to use even for those with no programming expertise, and comes with a variety of features that can boost your trading to the highest step.
Coinrule was founded in the year 2017 at London by a team of cryptocurrency and blockchain enthusiasts. The company aims to make trading in cryptocurrency more efficient by offering an automated platform for trading that can integrate safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its target.
One of the main aspects of Coinrule is the user-friendly , automated trading. The cryptocurrency markets can be very volatile, and it is often challenging for investors to stay track of the ever-changing charts. Coinrule allows traders to establish trading rules and then monitors the market and makes trades that are compatible with their strategy. This means that traders can place their cryptocurrency trading on autopilot and not have to go through charts for hours.
Coinrule has built-in trading strategies for traders that they can pick 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. Additionally, traders can pause rules at any time, and receive daily emails with signals for trading that can help them adjust their strategies according to market conditions.
Another great characteristic of Coinrule is the possibility of backtesting. Traders can test out their trading rules on historical market data using TradingView. They can select the coin they intend to trade as well as the desired timeframe, and the trading strategy to check how many trades the strategy opened and closed and also the net profit, percentage of profit as well as the maximum drawdown and profit factor. This is an excellent tool for increasing confidence of traders in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges, such as 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, Starter, Hobbyist, Pro, and Trader offering different options to traders of all levels. Prices vary from $0 and up to $499.99 per month, and traders have the option of paying either monthly or annually. The yearly plans offer discounts of up to percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that will elevate your trading in cryptocurrency to the next level. With features such as automatized trading, integrated strategies for trading with backtesting capabilities, as well as support for multiple trustworthy cryptocurrency exchanges Coinrule provides a reliable instrument that will allow you to get the most out of any trading plan.