The world of cryptocurrency trading is quite thrilling however, it can become time-consuming and stressful to many investors. This is the point where Coinrule is able to help. Coinrule can be described as an automatic trading tool that helps traders stick to their crypto strategy without having to constantly be on the lookout for market trends. It is easy to use, even for those without coding experience, and offers many features that can boost you trading experience to next step.
Coinrule was founded in 2017 in London by a team of cryptocurrency and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrency easier by offering an automated trading platform that can integrate safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over the amount it had set for.
One of the main advantages of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is extremely volatile, and it can be hard for trader to keep up with ever-changing charts. Coinrule lets traders set up trading rules and then examines the market and make trades that fit into their plan of action. This means that traders can set their cryptocurrency trading on autopilot and not have to spend hours poring over charts.
Coinrule provides integrated trading strategies that traders can pick from. There are more than 150 rules available that make it simple for both new and experienced traders to discover a strategy that works for them. Furthermore, traders are able to pause rules at any time and receive daily emails that contain trading signals to help them adapt their strategies to market conditions.
Another excellent feature of Coinrule is the possibility of backtesting. The traders can test their trading strategies based with historical market data by using TradingView. They can select the coin they plan to trade as well as the timeframe they wish to trade, and the trading strategy to see how many trades the strategy opened and closed and also profits net, the percentage of profitability maximum drawdown, as well as profit percentage. This can be an effective method to boost confidence of traders in their trading strategies they develop.
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 any of these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Trader, and Pro, with different options for traders at all levels. Prices start at $0 and go up through $499.99 per month, and traders have the option of paying either monthly or annually. The yearly plans offer discounts of up to 25%.
All in all, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest level. With features such as automatic trading and built-in trading strategies as well as backtesting options, and the ability to support multiple trusted trading platforms, Coinrule provides a reliable tool that can aid you in making the most out of your trading strategy.