The world of cryptocurrency trading can be very exciting however, it can be time-consuming and overwhelming to many investors. This is the point where Coinrule comes in. Coinrule can be described as an automatic trading tool that can help traders stick to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It’s easy to use, even for those with no programming experience, and offers many options that will take trades to the highest step.
Coinrule was founded in 2017 , in London by a team of blockchain and cryptocurrency 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 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 main features of Coinrule is its user-friendly automated trading. The market for cryptocurrency is extremely volatile, and it is often challenging for investors to stay up with ever-changing charts. Coinrule allows traders to create trading rules, and then monitors the market and makes trades that fit into their plan of action. This allows traders to put their cryptocurrency trading to autopilot and not spend hours poring over charts.
Coinrule provides integrated 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 choose an approach that is suitable for them. In addition, traders can stop rules at any time and receive daily emails that contain trading signals to help them adapt their strategy according to the changing market.
Another wonderful characteristic of Coinrule is its backtesting opportunities. Investors can test their trading strategy on historical market data using TradingView. They can choose the cryptocurrency they plan to trade and the time frame they want to use, and the trading strategy to check how many trades the strategy has opened and closed, as well as the net profit, percentage of profitability, maximum drawdown, and profit percentage. This can be a helpful instrument to increase a trader’s confidence in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader, offering different options to traders at all levels. Prices vary from $0 through $499.99 per month, and traders can choose to pay each month or annually. Annual plans provide discounts of up to%.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the next level. With features such as automatic trading and built-in strategies for trading as well as backtesting options, and support for multiple trustworthy exchanges, Coinrule provides a reliable tool that will assist you in making the most out of the trading strategies you employ.