The world of trading cryptocurrency can be very exciting, but it can also become time-consuming and stressful for many traders. This is the point where Coinrule comes in. Coinrule can be described as an automatic trading tool that can help traders stick to their cryptocurrency strategy without having to constantly be on the lookout for market trends. It is easy to use, even for people with no programming expertise, and comes with a variety of features that can boost trades to the next step.
Coinrule was founded in 2017 in London by a group of blockchain and cryptocurrency enthusiasts. The company’s mission is at making trading cryptocurrency more efficient by providing an automated trading platform which can be integrated safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than the amount it had set for.
One of the most important advantages of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be highly volatile and it can be difficult for traders to keep up with constantly changing charts. Coinrule allows traders to set up trading rules and then monitors the market and makes trades that match their plan of action. This means that traders are able to put their cryptocurrency trading to autopilot, and not spend hours poring over charts.
Coinrule has integrated trading strategies that traders can select from. There are more than 150 rules to choose from which makes it simple for both new and experienced traders to find a strategy that works for them. Furthermore, traders are able to pause rules at any time and will be sent daily emails with trading signals that can help them adjust their strategies to market conditions.
Another wonderful feature of Coinrule is its backtesting opportunities. The traders can test their trading strategies based with historical market data by using TradingView. They can choose the cryptocurrency they will be trading and the time frame they want to use as well as the strategy for trading to see how many trades the strategy has opened and closed in addition to profits net, percentage of profit, maximum drawdown, and profit percentage. This can be a helpful tool for increasing the trust of traders 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 integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader, offering different options to traders at all levels. Prices start at $0 and go up and up to $499.99 per month. traders have the option of paying monthly or annually. The annual plans can offer discounts of up to percent.
In the end, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the next level. With features like automated trading, built-in trading strategies as well as backtesting options, and support for a variety of trusted exchanges, Coinrule can be a powerful tool that can assist you in making the most out of any trading plan.