The world of trading in cryptocurrency is quite thrilling however, it can become time-consuming and stressful for many traders. 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 constantly keep track of the market. It is easy to use, even for those with no programming experience, and offers various options that will boost trades to the next level.
Coinrule was founded in 2017 in London by a team of crypto and blockchain enthusiasts. The company’s mission is at making trading cryptocurrencies more efficient by providing an automated platform for trading which can be integrated safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its target.
One of the main aspects of Coinrule is the user-friendly automated trading. The market for cryptocurrency is highly volatile and it can be difficult for traders to keep up with constantly changing charts. Coinrule lets traders establish trading rules and then analyzes the market and then makes trades that match their plan of action. This means that traders are able to put their cryptocurrency trading up to run on autopilot and not have to go through charts for hours.
Coinrule also offers integrated trading strategies that traders can choose from. There are over 150 trading rules to pick from, making it easy for both experienced and novice traders to find a strategy that works for them. In addition, traders can stop rules at any point, and they will receive free daily emails that contain trading signals which can assist them in adjusting their strategies to market conditions.
Another excellent aspect of Coinrule is its backtesting opportunities. The traders can test their trading strategies based on historical market data using TradingView. They can choose the cryptocurrency they intend to trade, the desired time frame as well as the strategy for trading, and then see how many trades the strategy opened and closed and also profits net, percentage of profitability as well as the maximum drawdown and profit percentage. This can be an effective method to boost a trader’s confidence in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can use Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader offering different options to traders at all levels. Prices vary from $0 to $499.99 per month, and traders are able to pay either monthly or annually. Annual plans provide discounts of up to 25%.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest level. With features like automatic trading and built-in strategies for trading with backtesting capabilities, as well as support for a variety of trusted trading platforms, Coinrule is a robust instrument that can help you make the most out of the trading strategies you employ.