The world of trading in cryptocurrency is quite thrilling however, it can be time-consuming and overwhelming to many investors. This is the point where Coinrule is able to help. Coinrule provides an efficient trading tool that helps traders adhere to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It’s simple to use, even for people with no programming expertise, and comes with many options that will boost you trading experience to next level.
Coinrule was established in 2017 , in London by a team of cryptocurrency and blockchain enthusiasts. The company’s mission is at making trading cryptocurrencies less tedious by providing an automated trading platform which can be integrated safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than the amount it had set for.
One of the key advantages of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be very volatile and it can be challenging for investors to stay up with the ever-changing charts. Coinrule allows traders to establish trading rules and then analyzes the market and then makes trades that match their plan of action. This allows traders to set their cryptocurrency trading up to run on autopilot, and not go through charts for hours.
Coinrule also offers built-in trading strategies that traders can pick from. There are more than 150 trading rules to pick from that make it simple for both new and experienced traders to discover a strategy that works for them. Furthermore, traders are able to pause rules at any time and they will receive free daily emails that contain trading signals which can assist them in adjusting their strategies to market conditions.
Another great characteristic of Coinrule is its backtesting opportunities. Investors can test their trading strategy on historical market data using TradingView. You can choose the currency they plan to trade, the desired time frame and trading strategy, and then see how many trades the strategy has opened and closed and also the net profit, the percentage of profitability, maximum drawdown, and profit percentage. This can be a helpful tool for increasing a trader’s confidence in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can use Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader, with a variety of options for traders of all levels. Prices vary from $0 through $499.99 per month. traders can choose to pay monthly or annually. The annual plans can offer discounts up to 25%.
All in all, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest level. With features like automated trading, built-in trading strategies, backtesting opportunities, and support for multiple trustworthy exchanges, Coinrule can be a powerful tool that can help you make the most of your trading strategy.