The world of trading in cryptocurrency can be quite exciting, but it can also become time-consuming and stressful to many investors. This is the point where Coinrule comes in. Coinrule is an automated tool for trading that helps traders adhere to their cryptocurrency strategy without having to constantly monitor the markets. It’s simple to use, even for those without coding experience, and offers a variety of options to boost you trading experience to next level.
Coinrule was founded in 2017 , in London by a group of crypto and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrencies less tedious by providing an automated platform for trading that can integrate safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than the amount it had set for.
One of the key aspects of Coinrule is the easy to use automated trading. The market for cryptocurrency is very volatile and it can be challenging for investors to stay track of the constantly changing charts. Coinrule lets traders create trading rules, and then analyzes the market and then makes trades that fit into their plan of action. This allows traders to put their cryptocurrency trading to autopilot and not have to go through charts for hours.
Coinrule provides integrated trading strategies that traders can pick from. There are over 150 rules available which makes it simple for both new and experienced traders to choose the best strategy for them. Furthermore, traders are able to pause rules at any time, and they will receive free daily emails with signals for trading which can assist them in adjusting their strategy to the market.
Another great aspect of Coinrule is its backtesting capabilities. The traders can test their trading strategy with historical market data by using TradingView. They can select the coin they intend to trade as well as the timeframe they wish to trade and trading strategy, and then check how many trades were opened and closed and also its net profits, percentage of profitability maximum drawdown, as well as profit percentage. This can be a helpful method to boost a trader’s confidence in their trading strategies they develop.
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 use Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader, with a variety of options for traders at all levels. Prices range from $0 to $499.99 per month. traders are able to pay either monthly or annually. The annual plans can offer discounts up to 25%.
All in all, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest level. With features such as automated trading, built-in strategies for trading with backtesting capabilities, as well as support for a variety of trusted trading platforms, Coinrule provides a reliable tool that can aid you in making the most of your trading strategy.