The world of trading in cryptocurrency can be very exciting, but it can also be time-consuming and overwhelming to many investors. This is where Coinrule is able to help. Coinrule provides an efficient trading tool that can help traders stick to their crypto strategy without having to constantly monitor the markets. It’s easy to use even for those without coding experience, and offers a variety of features that can take you trading experience to next level.
Coinrule was founded in the year 2017 London by a group of crypto and blockchain enthusiasts. The company aims at making trading cryptocurrency more efficient by providing an automated platform for trading which can be integrated safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its target.
One of the main aspects of Coinrule is the easy to use automated trading. The market for cryptocurrency is extremely volatile, and it is often 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 fit into their plan of action. This allows traders to place their cryptocurrency trading to autopilot and not have to go through charts for hours.
Coinrule provides integrated trading strategies that traders can select from. There are over 150 trading rules to pick from, making it easy for both experienced and novice traders to choose a strategy that works for them. Furthermore, traders are able to pause rules at any point, and they will receive free daily emails that contain trading signals to help them adapt their strategies to market conditions.
Another excellent feature of Coinrule is its backtesting capabilities. Investors can test their trading rules with historical market data by using TradingView. They can select the coin they intend to trade and the time frame they want to use as well as the strategy for trading and determine how many trades that were opened and closed, as well as the net profit, percentage of profit as well as the maximum drawdown and profit factor. This can be an effective tool for increasing a trader’s confidence in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Pro, and Trader, offering different options to traders at all levels. Prices vary from $0 and up to $499.99 per month, and traders are able to pay monthly or annually. The yearly plans 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 highest possible level. With features like automatic trading and built-in strategies for trading as well as backtesting options, and support for multiple trustworthy cryptocurrency exchanges Coinrule is a robust instrument that can aid you in making the most of the trading strategies you employ.