The world of trading cryptocurrency is quite thrilling, but it can also be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule comes in. Coinrule is an automated trading tool that helps traders stick to their crypto strategy without having to constantly keep track of the market. It’s simple to use, even for those with no programming knowledge, and provides a variety of features that can take trades to the next level.
Coinrule was founded in 2017 in London by a team of crypto and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrency more efficient by providing an automated platform for trading that can integrate safely with multiple exchanges. In December 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 advantages of Coinrule is its user-friendly automated trading. The market for cryptocurrency is very volatile and it is often difficult for traders to keep track of the ever-changing charts. Coinrule allows traders to establish trading rules and then monitors the market and makes trades that fit into their strategy. This allows traders to set their cryptocurrency trading on autopilot, and not go through charts for hours.
Coinrule provides integrated trading strategies that investors can select from. There are more than 150 rules available which makes it simple for both new and experienced traders to discover the best strategy for them. Furthermore, traders are able to pause rules at any time and receive daily emails with trading signals that can help them adjust their strategy to the market.
Another excellent feature of Coinrule is the possibility of backtesting. Traders can test out their trading strategies based by using historical market data in TradingView. They can select the coin they will be trading and the time frame they want to use, and the trading strategy and check how many trades the strategy has opened and closed and also profits net, percentage of profit as well as the maximum drawdown and profit factor. This can be a helpful instrument to increase a trader’s confidence in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to connect Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader, with a variety of options for traders at all levels. Prices vary from $0 and up to $499.99 per month, and traders are able to pay either monthly or annually. The yearly plans offer discounts of up to percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the next level. With features such as automatic trading and built-in strategies for trading, backtesting opportunities, and support for multiple trustworthy trading platforms, Coinrule provides a reliable tool that can help you make the most out of any trading plan.