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 helps traders stick to their crypto strategy without having to constantly monitor the markets. It’s easy to use, even for those with no programming knowledge, and provides various features that can help you take you trading experience to next level.
Coinrule was established in 2017 in London by a group of crypto and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrency less tedious by providing an automated trading platform that can integrate safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its goal.
One of the key aspects of Coinrule is the easy to use automated trading. The cryptocurrency markets can be very volatile and it can be difficult for traders to keep up with the constantly changing charts. Coinrule lets traders create trading rules, and then analyzes the market and then makes trades that are compatible with their plan of action. This allows traders to put their cryptocurrency trading on autopilot and not have to spend hours poring over charts.
Coinrule has integrated trading strategies that traders can pick from. There are over 150 rules available which makes it simple for both novice and experienced traders to find the best strategy for them. Furthermore, traders are able to pause rules at any time and they will receive free daily emails with trading signals that can help them adjust their strategies to market conditions.
Another excellent characteristic of Coinrule is the possibility of backtesting. Traders can test out their trading strategies based 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 to see how many trades the strategy has opened and closed in addition to profits net, the percentage of profit as well as the maximum drawdown and profit factor. This can be an effective instrument to increase confidence of traders in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can connect Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Trader, and Pro, with different options for traders at all levels. Prices vary from $0 through $499.99 per month, and traders are able to pay each month or annually. The annual plans can offer discounts up to 25%.
Overall, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest level. With features such as automatic trading and built-in trading strategies as well as backtesting options, and support for multiple trustworthy cryptocurrency exchanges Coinrule provides a reliable tool that can aid you in making the most of the trading strategies you employ.