The world of trading cryptocurrency is quite thrilling, 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 trading tool that can help traders adhere to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It’s easy to use even for people with no programming experience, and offers various features that can boost you trading experience to highest level.
Coinrule was established in the year 2017 London by a group of blockchain and cryptocurrency enthusiasts. The company’s mission is at making trading cryptocurrencies 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 over 200% more than its goal.
One of the main advantages of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be highly volatile and it is often difficult for traders to keep up with the constantly changing charts. Coinrule lets traders establish trading rules and then examines the market and make trades that are compatible with their plan of action. This allows traders to put their cryptocurrency trading to autopilot and not have to look over charts for hours.
Coinrule provides built-in trading strategies that traders can select from. There are more than 150 trading rules to pick from, making it easy for both experienced and novice traders to discover a strategy that works for them. In addition, traders can stop rules at any point, and they will receive free daily emails with trading signals to help them adapt their strategy according to the changing market.
Another great feature of Coinrule is the possibility of backtesting. Investors can test their trading strategy on historical market data using TradingView. They can select the coin they intend to trade, the desired time frame and trading strategy and determine how many trades that the strategy opened and closed in addition to its net profits, percentage of profitability as well as the maximum drawdown and profit percentage. This is a useful instrument to increase confidence of traders in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can use Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader with a variety of options for traders of all levels. Prices start at $0 and go up through $499.99 per month, and traders have the option of paying monthly or annually. Annual plans provide discounts up to 25%.
In the end, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest possible level. With features like automatic trading and built-in trading strategies, backtesting opportunities, and support for a variety of trusted exchanges, Coinrule can be a powerful tool that will assist you in making the most out of any trading plan.