The world of trading cryptocurrency can be very exciting, but it can also be time-consuming and overwhelming to many investors. This is where Coinrule is able to help. Coinrule provides an efficient trading tool that helps traders stick to their cryptocurrency strategy without having to continuously monitor the markets. It’s easy to use, even for those without coding experience, and offers many options to help you take your trading to the next step.
Coinrule was founded in the year 2017 London by a team of crypto and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrencies more efficient by providing an automated trading platform that can integrate safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than its goal.
One of the main features of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be very volatile and it can be challenging for investors to stay up with the ever-changing charts. Coinrule lets traders establish trading rules and then examines the market and make trades that fit into their plan of action. This allows traders to put their cryptocurrency trading to autopilot, and not spend hours poring over charts.
Coinrule has built-in trading strategies that traders can select from. There are more than 150 rules to choose from, making it easy for both novice and experienced traders to choose a strategy that works for them. In addition, traders can stop rules at any point, and receive daily emails with signals for trading to help them adapt their strategy to the market.
Another great feature of Coinrule is its backtesting opportunities. The traders can test their trading strategy with historical market data by using TradingView. You can choose the currency they intend to trade as well as the timeframe they wish to trade and trading strategy to check how many trades the strategy opened and closed, as well as profits net, percentage of profitability maximum drawdown, as well as profit percentage. This can be a helpful tool for increasing the trust of traders in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to use Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader, with a variety of options for traders of all levels. Prices range from $0 to $499.99 per month, and traders can choose to pay each month or annually. The annual plans can offer discounts up to 25%.
All in all, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest possible level. With features such as automated trading, built-in strategies for trading as well as backtesting options, and the ability to support multiple trusted trading platforms, Coinrule is a robust tool that can help you make the most out of any trading plan.