The world of trading cryptocurrency can be very exciting however, it can become time-consuming and stressful to many investors. This is where Coinrule is able to help. Coinrule is an automated trading tool that helps traders adhere to their cryptocurrency strategy without having to continuously monitor the markets. It’s simple to use, even for people with no programming knowledge, and provides a variety of options that will boost your trading to the next level.
Coinrule was founded in the year 2017 London by a group of blockchain and cryptocurrency enthusiasts. The company’s mission is create a system that makes trading cryptocurrency more efficient by providing an automated platform for trading that can integrate safely with several 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 most important features of Coinrule is its easy to use automated trading. The market for cryptocurrency is extremely volatile, and it can be hard for trader to keep track of the constantly changing charts. Coinrule allows traders to create trading rules, and then monitors the market and makes trades that fit into their strategy. This means that traders are able to set their cryptocurrency trading up to run on autopilot and not have to spend hours poring over charts.
Coinrule also offers integrated trading strategies that traders can choose from. There are more than 150 rules to choose from, making it easy for both novice and experienced traders to find a strategy that works for them. In addition, traders can stop rules at any time, and they will receive free daily emails that contain trading signals that can help them adjust their strategies to market conditions.
Another excellent characteristic of Coinrule is its backtesting capabilities. Traders can test out their trading strategy with historical market data by using TradingView. They can choose the cryptocurrency they intend to trade, the desired time frame, and the trading strategy and determine how many trades that were opened and closed, as well as its net profits, percentage of profitability as well as the maximum drawdown and 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, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can use Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Pro, and Trader with different options for traders at all levels. Prices start at $0 and go up to $499.99 per month. traders have the option of paying each month or annually. The annual plans can offer discounts of up to 25%.
In the end, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the next level. With features such as automatic trading and built-in strategies for trading, backtesting opportunities, and support for multiple trustworthy exchanges, Coinrule can be a powerful tool that can help you make the most of your trading strategy.