The world of trading in cryptocurrency is quite thrilling however, it can become time-consuming and stressful to many investors. This is where Coinrule is able to help. Coinrule provides an efficient trading tool that helps traders adhere to their cryptocurrency strategy without the need to constantly keep track of the market. It’s simple to use, even for those with no programming knowledge, and provides a variety of options that will help you take trades to the next level.
Coinrule was founded in the year 2017 London by a team of blockchain and cryptocurrency enthusiasts. Its goal is at making trading cryptocurrencies less tedious by providing an automated platform for trading which can be integrated safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its goal.
One of the main advantages of Coinrule is its easy to use automated trading. The cryptocurrency markets can be very volatile and it can be hard for trader to keep up with constantly changing charts. Coinrule lets traders establish trading rules and then analyzes the market and then makes trades that fit into their strategy. This allows traders to place their cryptocurrency trading up to run on autopilot, and not look over charts for hours.
Coinrule has integrated trading strategies that traders can choose from. There are more than 150 rules to choose from that make it simple for both new and experienced traders to discover a strategy that works for them. In addition, traders can stop rules at any time and they will receive free daily emails that contain trading signals to help them adapt their strategies to market conditions.
Another great characteristic of Coinrule is its backtesting capabilities. Investors can test their trading rules by using historical market data in TradingView. They can select the coin they plan to trade as well as the timeframe they wish to trade and trading strategy, and then check how many trades the strategy opened and closed in addition to its net profits, percentage of profit as well as the maximum drawdown and profit percentage. This can be a helpful instrument to increase the trust of traders in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to connect Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Pro, and Trader with a variety of options for traders of all levels. Prices vary from $0 to $499.99 per month, and traders can choose to pay either monthly or annually. The annual plans can offer discounts of up to 25%.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest level. With features such as automatic trading and built-in strategies for trading as well as backtesting options, and support for a variety of trusted exchanges, Coinrule can be a powerful tool that will help you make the most of any trading plan.