The world of trading in cryptocurrency can be quite exciting However, it can become time-consuming and stressful for many traders. This is where Coinrule is able to help. Coinrule provides an efficient trading tool that can help traders stick to their cryptocurrency strategy without having to continuously monitor the markets. It’s simple to use, even for those without coding experience, and offers a variety of features that can take your trading to the next step.
Coinrule was established in the year 2017 , in London by a group of blockchain and cryptocurrency enthusiasts. The company’s mission is to make trading in cryptocurrency more efficient by providing an automated trading platform that can integrate safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its goal.
One of the main features of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be very volatile and it can be challenging for investors to stay up with the constantly changing charts. Coinrule lets traders set up trading rules and then analyzes the market and then makes trades that match their plan of action. This means that traders are able to place their cryptocurrency trading on autopilot and not have to look over charts for hours.
Coinrule has integrated trading strategies that traders can pick from. There are more than 150 trading rules to pick from that make it simple for both experienced and novice traders to choose a strategy that works for them. Additionally, traders can pause rules at any point, and they will receive free daily emails with signals for trading which can assist them in adjusting their strategy according to the changing market.
Another great aspect of Coinrule is the possibility of backtesting. The traders can test their trading rules 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 trading strategy, and then see how many trades the strategy has opened and closed, as well as the net profit, the percentage of profitability as well as the maximum drawdown and profit percentage. This is a useful instrument to increase the trust of traders in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Trader, and Pro, with different options for traders of all levels. Prices start at $0 and go up through $499.99 per month. traders can choose to pay each month or annually. The yearly plans offer discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest level. With features such as automatic trading and built-in strategies for trading with backtesting capabilities, as well as support for multiple trustworthy cryptocurrency exchanges Coinrule is a robust tool that can assist you in making the most out of any trading plan.