The world of trading in cryptocurrency can be very exciting, but it can also be time-consuming and overwhelming to many investors. This is the point where Coinrule is able to help. Coinrule is an automated tool for trading 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 expertise, and comes with various features that can take trades to the next step.
Coinrule was founded in 2017 , in London by a team of blockchain and cryptocurrency enthusiasts. The company’s mission is at making trading cryptocurrency more efficient by providing an automated trading platform that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over its goal.
One of the main features 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 ever-changing charts. Coinrule lets traders set up trading rules and then analyzes the market and then makes trades that fit into their plan of action. This means that traders can place their cryptocurrency trading up to run on autopilot and not spend hours poring over charts.
Coinrule provides integrated trading strategies that traders can select from. There are over 150 rules available, making it easy for both experienced and novice traders to choose the best strategy for them. In addition, traders can stop rules at any time and they will receive free daily emails with trading signals which can assist them in adjusting their strategy to the market.
Another great aspect of Coinrule is its backtesting capabilities. Traders can test out their trading rules by using historical market data in TradingView. They can choose the cryptocurrency they plan to trade and the time frame they want to use, and the trading strategy to determine how many trades that were opened and closed, as well as the net profit, the percentage of profitability maximum drawdown, as well as the profit ratio. This is a useful method to boost the trust of traders in their trading strategies they develop.
Coinrule is also compatible with a variety of reliable 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 offers four pricing tiers that include 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. traders can choose to pay monthly or annually. The yearly plans offer discounts of up to percent.
In the end, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest level. With features such as automated trading, built-in strategies for trading with backtesting capabilities, as well as support for multiple trustworthy exchanges, Coinrule can be a powerful tool that will aid you in making the most out of your trading strategy.