The world of trading cryptocurrency is quite thrilling However, it can be time-consuming and overwhelming to many investors. This is where Coinrule comes in. Coinrule is an automated tool for trading that helps traders adhere to their cryptocurrency strategy without the need to constantly be on the lookout for market trends. It’s simple to use even for those with no programming expertise, and comes with a variety of features that can boost your trading to the highest step.
Coinrule was founded in 2017 , in London by a team of cryptocurrency and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrency easier by offering an automated platform for trading that can integrate safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its target.
One of the key features of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be extremely volatile, and it is often challenging for investors to stay up with the ever-changing charts. Coinrule allows traders to create trading rules, and then examines the market and make trades that are compatible with their strategies. This allows traders to place their cryptocurrency trading up to run on autopilot, and not look over charts for hours.
Coinrule also offers built-in trading strategies that traders can pick from. There are more than 150 rules available that make it simple for both novice and experienced traders to discover an approach that is suitable for them. In addition, traders can stop rules at any point, and receive daily emails with signals for trading that can help them adjust their strategies to market conditions.
Another excellent feature of Coinrule is its backtesting opportunities. Traders can test out their trading strategies based on historical market data using TradingView. You can choose the currency they plan to trade as well as the timeframe they wish to trade as well as the strategy for trading, and then see how many trades were opened and closed in addition to its net profits, the percentage of profit as well as the maximum drawdown and profit percentage. This can be an effective tool for increasing a trader’s confidence in the trading rules they design.
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 connect Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader with different options for traders of all levels. Prices vary from $0 and up to $499.99 per month, and traders have the option of paying monthly or annually. Annual plans provide discounts of up to 25%.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest possible level. With features such as automatic trading and built-in trading strategies, backtesting opportunities, and the ability to support multiple trusted trading platforms, Coinrule is a robust tool that will aid you in making the most out of your trading strategy.