The world of trading in cryptocurrency can be very exciting, but it can also become time-consuming and stressful to many investors. This is the point where Coinrule is able to help. Coinrule is an automated trading tool that helps traders stick to their crypto strategy without having to constantly monitor the markets. It’s simple to use, even for those with no programming expertise, and comes with a variety of features that can boost trades to the highest level.
Coinrule was founded in 2017 , in London by a group of blockchain and cryptocurrency enthusiasts. Its goal is create a system that makes trading cryptocurrency more efficient by providing an automated platform for trading that can integrate safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its goal.
One of the key aspects of Coinrule is the easy to use automated trading. The market for cryptocurrency is very volatile and it can be hard for trader to keep up with the constantly changing charts. Coinrule allows traders to create trading rules, and then monitors the market and makes trades that match their plan of action. This allows traders to place their cryptocurrency trading to autopilot, and not look over charts for hours.
Coinrule has built-in trading strategies that traders can pick from. There are over 150 trading rules to pick from, making it easy for both new and experienced traders to discover an approach that is suitable for them. In addition, traders can stop rules at any point, and will be sent daily emails with trading signals that can help them adjust their strategy according to the changing market.
Another wonderful characteristic of Coinrule is its backtesting capabilities. Traders can test out their trading strategy by using historical market data in TradingView. They can choose the cryptocurrency they intend to trade and the time frame they want to use as well as the strategy for trading and check how many trades the strategy has opened and closed, as well as its net profits, percentage of profit as well as the maximum drawdown and profit factor. This can be a helpful tool for increasing confidence of traders in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Trader, and Pro, offering different options to traders at all levels. Prices vary from $0 and up to $499.99 per month, and traders have the option of paying either monthly or annually. Annual plans provide discounts up to 25%.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest level. With features like automated trading, built-in strategies for trading, backtesting opportunities, and support for a variety of trusted exchanges, Coinrule is a robust tool that can assist you in making the most of your trading strategy.