The world of trading cryptocurrency can be very exciting however, it can 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 adhere to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It’s simple to use, even for those with no programming knowledge, and provides a variety of features that can help you take trades to the highest level.
Coinrule was established in 2017 in London by a group of blockchain and cryptocurrency enthusiasts. The company aims at making trading cryptocurrency easier by offering an automated trading platform which can be integrated safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above the amount it had set for.
One of the most important features of Coinrule is its easy to use automated trading. The market for cryptocurrency is extremely volatile, and it is often difficult for traders to keep track of the ever-changing charts. Coinrule allows traders to set up trading rules and then analyzes the market and then makes trades that fit into their strategies. This allows traders to set their cryptocurrency trading on autopilot and not spend hours poring over charts.
Coinrule has built-in trading strategies that traders can choose from. There are more than 150 trading rules to pick from that make it simple for both experienced and novice traders to discover a strategy that works for them. Additionally, traders can pause rules at any time and will be sent daily emails that contain trading signals which can assist them in adjusting their strategy according to the changing market.
Another wonderful aspect of Coinrule is its backtesting opportunities. Investors can test their trading rules by using historical market data in TradingView. They can select the coin they will be trading as well as the timeframe they wish to trade, and the trading strategy to see how many trades the strategy has opened and closed and also the net profit, the percentage of profit maximum drawdown, as well as profit percentage. This can be an effective instrument to increase the trust of traders in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to use Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Trader, and Pro, offering different options to traders of all levels. Prices vary from $0 and up to $499.99 per month, and traders can choose to pay either monthly or annually. The yearly plans offer discounts up to 25%.
Overall, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest possible level. With features like automatized trading, integrated trading strategies, backtesting opportunities, and the ability to support multiple trusted exchanges, Coinrule can be a powerful instrument that can help you make the most out of your trading strategy.