The world of trading cryptocurrency can be quite exciting however, it can be time-consuming and overwhelming for many traders. This is 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 simple to use, even for those without coding knowledge, and provides a variety of options to help you take your trading to the next level.
Coinrule was founded in 2017 , in London by a team of blockchain and cryptocurrency enthusiasts. The company’s mission is to make trading in cryptocurrency easier by offering an automated trading platform which can be integrated safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than the amount it had set for.
One of the main advantages of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be highly volatile and it is often difficult for traders to keep track of the constantly changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that match their strategy. This allows traders to place their cryptocurrency trading up to run on autopilot and not look over charts for hours.
Coinrule has integrated trading strategies that investors can pick from. There are over 150 rules to choose from, making it easy 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 that contain trading signals to help them adapt their strategy to the market.
Another great characteristic of Coinrule is its backtesting capabilities. The traders can test their trading rules by using historical market data in TradingView. You can choose the currency they intend to trade as well as the timeframe they wish to trade and trading strategy and check how many trades were opened and closed and also the net profit, percentage of profitability as well as the maximum drawdown and the profit ratio. 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 connect Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader offering different options to traders of all levels. Prices range from $0 to $499.99 per month, and traders can choose to pay either monthly or annually. The yearly plans offer discounts of up to 25%.
Overall, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest possible level. With features like automated trading, built-in trading strategies with backtesting capabilities, as well as support for multiple trustworthy exchanges, Coinrule can be a powerful tool that will assist you in making the most of any trading plan.