The world of cryptocurrency trading can be quite exciting however, it can be time-consuming and overwhelming for many traders. This is where Coinrule is able to help. Coinrule can be described as an automatic tool for trading that helps traders stick to their crypto strategy without having to continuously keep track of the market. It’s easy to use, even for people with no programming experience, and offers various options that will take your trading to the highest level.
Coinrule was founded in the year 2017 London by a team of crypto and blockchain enthusiasts. The company aims to make trading in cryptocurrency more efficient by providing an automated platform for trading that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its goal.
One of the most important features of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be highly 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 fit into their strategy. This means that traders can put their cryptocurrency trading up to run on autopilot, and not 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, making it easy for both new and experienced traders to discover an approach that is suitable for them. Additionally, traders can pause rules at any point, and will be sent daily emails with trading signals to help them adapt their strategy to the market.
Another excellent feature of Coinrule is the possibility of backtesting. Investors can test their trading rules on historical market data using TradingView. They can select the coin they intend to trade, the desired time frame as well as the strategy for trading, and then determine how many trades that the strategy has opened and closed, as well as the net profit, percentage of profit maximum drawdown, as well as profit factor. This is a useful method to boost a trader’s confidence in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to use Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels that include 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 are able to pay monthly or annually. Annual plans provide discounts of up to percent.
Overall, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest possible level. With features like automated trading, built-in trading strategies with backtesting capabilities, as well as support for a variety of trusted exchanges, Coinrule provides a reliable tool that can help you make the most of the trading strategies you employ.