The world of trading cryptocurrency can be very exciting, but it can also be time-consuming and overwhelming to many investors. This is the point where Coinrule comes in. Coinrule is an automated trading tool that can help traders stick to their cryptocurrency strategy without the need to constantly be on the lookout for market trends. It’s simple to use, even for people with no programming experience, and offers many options that will help you take you trading experience to next level.
Coinrule was established in the year 2017 London by a group of crypto and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrency easier by offering an automated platform for trading which can be integrated safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its goal.
One of the key features of Coinrule is its user-friendly automated trading. The market for cryptocurrency is very volatile and it can be difficult for traders to keep up with the ever-changing charts. Coinrule allows traders to establish trading rules and then monitors the market and makes trades that fit into their strategy. This means that traders can place their cryptocurrency trading to autopilot and not spend hours poring over charts.
Coinrule has integrated trading strategies that traders can pick from. There are over 150 rules available which makes it simple for both new and experienced traders to find a strategy that works for them. Furthermore, traders are able to pause rules at any point, and they will receive free daily emails with trading signals that can help them adjust their strategy according to the changing market.
Another great characteristic of Coinrule is its backtesting capabilities. Traders can test out their trading rules on historical market data using TradingView. You can choose the currency they intend to trade and the time frame they want to use as well as the strategy for trading and see how many trades were opened and closed in addition to profits net, percentage of profit maximum drawdown, as well as profit percentage. This is a useful method to boost the trust of traders in the trading rules they design.
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 any of these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader with a variety of options for traders of all levels. Prices vary from $0 and up to $499.99 per month, and traders can choose to pay monthly or annually. The annual plans can offer discounts up to 25%.
In the end, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the next level. With features like automatic trading and built-in strategies for trading, backtesting opportunities, and support for multiple trustworthy exchanges, Coinrule can be a powerful tool that can assist you in making the most of your trading strategy.