The world of cryptocurrency trading can be very exciting however, it can become time-consuming and stressful for many traders. This is the point where Coinrule comes in. Coinrule provides an efficient trading tool that helps traders stick to their cryptocurrency strategy without having to constantly be on the lookout for market trends. It’s easy to use, even for those with no programming expertise, and comes with various options to boost you trading experience to next level.
Coinrule was founded in 2017 , in London by a group of crypto and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrencies less tedious by providing an automated trading platform that can integrate safely with several exchanges. In December of 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 key features of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be extremely volatile, and it is often challenging for investors to stay up with the constantly changing charts. Coinrule allows traders to set up trading rules and then analyzes the market and then makes trades that match their plan of action. This means that traders are able to set their cryptocurrency trading up to run on autopilot and not have to look over charts for hours.
Coinrule has built-in trading strategies that traders can choose from. There are more than 150 rules to choose from that make it simple for both novice and experienced traders to choose the best strategy for them. Additionally, traders can pause rules at any point, and they will receive free daily emails that contain trading signals that can help them adjust their strategy to the market.
Another great feature of Coinrule is its backtesting capabilities. Investors can test their trading strategy 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 see how many trades the strategy has opened and closed and also profits net, percentage of profit as well as the maximum drawdown and the profit ratio. This is a useful method to boost a trader’s confidence 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. This means that traders can connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Pro, and Trader with different options for traders at all levels. Prices start at $0 and go up 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 convenient experience that can elevate your trading in cryptocurrency to the highest possible level. With features like automated trading, built-in strategies for trading with backtesting capabilities, as well as the ability to support multiple trusted trading platforms, Coinrule is a robust tool that will aid you in making the most out of the trading strategies you employ.