The world of cryptocurrency trading is quite thrilling, but it can also be time-consuming and overwhelming to many investors. This is the point where Coinrule is able to help. Coinrule is an automated trading tool that can help traders stick to their crypto strategy without having to continuously keep track of the market. It is easy to use, even for people with no programming expertise, and comes with various features that can take you trading experience to highest step.
Coinrule was founded in 2017 , in London by a team of crypto and blockchain enthusiasts. The company aims at making trading cryptocurrency easier by offering an automated trading platform that is able to integrate securely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above its target.
One of the key advantages 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 constantly changing charts. Coinrule allows traders to create trading rules, and then examines the market and make trades that are compatible with their plan of action. This allows traders to place their cryptocurrency trading on autopilot and not have to go through charts for hours.
Coinrule also offers integrated trading strategies that investors can choose from. There are over 150 trading rules to pick from that make it simple for both novice and experienced traders to discover a strategy that works for them. In addition, traders can stop rules at any time, and they will receive free daily emails that contain trading signals which can assist them in adjusting their strategy to the market.
Another great characteristic of Coinrule is the possibility of backtesting. The traders can test their trading strategy with historical market data by using TradingView. You can choose the currency they will be trading and the time frame they want to use as well as the strategy for trading to check how many trades the strategy has opened and closed in addition to its net profits, percentage of profitability, maximum drawdown, and the profit ratio. This can be an effective method to boost confidence of traders in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges like 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 Trader, and Pro, with different options for traders at all levels. Prices start at $0 and go up to $499.99 per month. traders can choose to pay either monthly or annually. Annual plans provide discounts up to 25 percent.
All in all, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest level. With features such as automatic trading and built-in trading strategies with backtesting capabilities, as well as the ability to support multiple trusted cryptocurrency exchanges Coinrule is a robust tool that will assist you in making the most out of any trading plan.