The world of trading cryptocurrency can be very exciting however, it can be time-consuming and overwhelming in the eyes of many trader. This is where Coinrule comes in. Coinrule is an automated trading tool that can help traders adhere to their cryptocurrency strategy without having to constantly monitor the markets. It is easy to use, even for those with no programming experience, and offers a variety of options to boost trades to the next step.
Coinrule was established in 2017 in London by a team of cryptocurrency and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrency easier by offering an automated trading platform that can integrate safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through 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 market for cryptocurrency is highly volatile and it is often challenging for investors to stay track of the ever-changing charts. Coinrule allows traders to create trading rules, and then analyzes the market and then makes trades that are compatible with their plan of action. This allows traders to place their cryptocurrency trading up to run on autopilot and not have to look over charts for hours.
Coinrule has integrated trading strategies that investors can pick from. There are over 150 rules available which makes it simple for both novice and experienced traders to discover the best strategy for them. Additionally, traders can pause rules at any time and they will receive free daily emails with signals for trading to help them adapt their strategy according to the changing market.
Another wonderful aspect of Coinrule is its backtesting opportunities. Investors can test their trading strategy by using historical market data in TradingView. They can select the coin they plan to trade, the desired time frame as well as the strategy for trading, and then see how many trades the strategy has opened and closed, as well as its net profits, the percentage of profitability, maximum drawdown, and profit factor. This can be a helpful method to boost 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. This means that traders can integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Pro, and Trader with different options for traders at all levels. Prices vary from $0 to $499.99 per month, and traders are able to pay either monthly or annually. Annual plans provide discounts of up to 25 percent.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the next level. With features like automatized trading, integrated trading strategies with backtesting capabilities, as well as support for a variety of trusted exchanges, Coinrule can be a powerful instrument that can assist you in making the most of your trading strategy.