The world of cryptocurrency trading can be very exciting, but it can also be time-consuming and overwhelming for many traders. This is the point where Coinrule comes in. Coinrule can be described as an automatic tool for trading that helps traders adhere to their cryptocurrency strategy without having to constantly monitor the markets. It’s simple to use, even for people with no programming expertise, and comes with various options that will boost trades to the next step.
Coinrule was established in 2017 in London by a group of crypto and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrency easier by offering an automated trading platform which can be integrated safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its target.
One of the main aspects of Coinrule is the 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 constantly changing charts. Coinrule allows traders to set up trading rules and then analyzes the market and then makes trades that match their strategies. This allows traders to put their cryptocurrency trading on autopilot and not spend hours poring over charts.
Coinrule also offers integrated trading strategies that investors can choose from. There are over 150 trading rules to pick from which makes it simple for both novice and experienced traders to choose a strategy that works for them. Additionally, traders can pause rules at any time and they will receive free daily emails that contain trading signals to help them adapt their strategies to market conditions.
Another wonderful aspect of Coinrule is its backtesting capabilities. The traders can test their trading strategies based on historical market data using TradingView. They can choose the cryptocurrency they plan to trade as well as the timeframe they wish to trade and trading strategy to check how many trades the strategy opened and closed and also the net profit, the percentage of profitability, maximum drawdown, and profit percentage. This is a useful tool for increasing the trust of traders in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges, including 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 Pro, and Trader with different options for traders of all levels. Prices vary from $0 through $499.99 per month, and traders have the option of paying each month or annually. The annual plans can offer discounts of up to 25 percent.
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 like automated trading, built-in strategies for trading with backtesting capabilities, as well as the ability to support multiple trusted exchanges, Coinrule is a robust tool that will assist you in making the most of your trading strategy.