The world of trading cryptocurrency is quite thrilling 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 trading tool that can help traders adhere to their cryptocurrency strategy without the need to constantly be on the lookout for market trends. It’s easy to use, even for those with no programming expertise, and comes with a variety of features that can boost you trading experience to next level.
Coinrule was established in the year 2017 , in London by a group of blockchain and cryptocurrency enthusiasts. The company’s mission is at making trading cryptocurrencies easier by offering an automated platform for trading which can be integrated safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its goal.
One of the key advantages of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be extremely volatile, and it can be challenging for investors to stay track of the ever-changing charts. Coinrule lets traders create trading rules, and then monitors the market and makes trades that match their strategy. This allows traders to set their cryptocurrency trading to autopilot, and not look over charts for hours.
Coinrule has integrated trading strategies that investors can pick from. There are over 150 trading rules to pick from which makes it simple for both new and experienced traders to choose a strategy that works for them. Additionally, traders can pause rules at any time, and will be sent daily emails with signals for trading to help them adapt their strategy to the market.
Another great feature of Coinrule is its backtesting capabilities. The traders can test their trading rules by using historical market data in TradingView. They can choose the cryptocurrency they plan to trade as well as the timeframe they wish to trade as well as the strategy for trading and check how many trades the strategy opened and closed, as well as its net profits, percentage of profit maximum drawdown, as well as profit percentage. This can be a helpful instrument to increase confidence of traders in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader with a variety of options for traders at all levels. Prices start at $0 and go up through $499.99 per month, and traders can choose to pay either monthly or annually. Annual plans provide discounts of up to%.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest level. With features like automatized trading, integrated strategies for trading, backtesting opportunities, and the ability to support multiple trusted cryptocurrency exchanges Coinrule can be a powerful tool that will help you make the most out of your trading strategy.