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 where Coinrule is able to help. Coinrule is an automated tool for trading that helps traders adhere to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It is easy to use, even for people with no programming knowledge, and provides many features that can help you take your trading to the highest level.
Coinrule was founded in 2017 , in London by a group of blockchain and cryptocurrency enthusiasts. The company’s mission is to make trading in cryptocurrency less tedious by providing an automated platform for trading that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its target.
One of the main advantages of Coinrule is its easy to use automated trading. The cryptocurrency markets can be very volatile and it is often challenging for investors to stay up with the ever-changing charts. Coinrule lets traders establish trading rules and then monitors the market and makes trades that match 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 has built-in trading strategies that traders can pick from. There are more than 150 trading rules to pick from, making it easy for both new 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 with signals for trading that can help them adjust their strategy according to the changing market.
Another great feature of Coinrule is its backtesting opportunities. Traders can test out their trading strategy with historical market data by using TradingView. They can choose the cryptocurrency they will be trading, the desired time frame and trading strategy and check how many trades the strategy opened and closed, as well as the net profit, the percentage of profitability as well as the maximum drawdown and profit percentage. This can be an effective instrument to increase the trust of traders in their trading strategies they develop.
Coinrule is also compatible with a variety of reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to use Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Trader, and Pro, with different options for traders at all levels. Prices vary from $0 to $499.99 per month. traders are able to pay each month or annually. The yearly plans offer discounts up to 25 percent.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the next level. With features like automated trading, built-in strategies for trading with backtesting capabilities, as well as the ability to support multiple trusted exchanges, Coinrule provides a reliable tool that can assist you in making the most out of your trading strategy.