The world of cryptocurrency trading is quite thrilling, but it can also be time-consuming and overwhelming for many traders. This is the point where Coinrule is able to help. Coinrule provides an efficient trading tool that helps traders stick to their crypto strategy without having to constantly keep track of the market. It’s easy to use even for people with no programming expertise, and comes with a variety of options that will help you take you trading experience to next step.
Coinrule was established in the year 2017 London by a team of cryptocurrency and blockchain enthusiasts. The company aims to make trading in cryptocurrency more efficient by providing an automated trading platform that can integrate safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above the amount it had set for.
One of the main features of Coinrule is its easy to use automated trading. The cryptocurrency markets can be very volatile and it can be challenging for investors to stay up with 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 means that traders are able to put their cryptocurrency trading on autopilot, and not go through charts for hours.
Coinrule also offers built-in trading strategies that traders can select from. There are over 150 rules to choose from that make it simple for both new 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 which can assist them in adjusting their strategy to the market.
Another excellent aspect of Coinrule is its backtesting opportunities. The traders can test their trading strategies based by using historical market data in TradingView. They can choose the cryptocurrency they will be trading as well as the timeframe they wish to trade, and the trading strategy and determine how many trades that the strategy opened and closed, as well as the net profit, the percentage of profitability maximum drawdown, as well as the profit ratio. This is a useful method to boost a trader’s confidence in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Trader, and Pro, with a variety of options for traders at all levels. Prices range from $0 through $499.99 per month, and traders are able to pay monthly or annually. Annual plans provide discounts of up to 25 percent.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest possible level. With features like automated trading, built-in strategies for trading as well as backtesting options, and support for multiple trustworthy exchanges, Coinrule provides a reliable tool that can aid you in making the most of the trading strategies you employ.