The world of trading in cryptocurrency can be quite exciting however, it can be time-consuming and overwhelming in the eyes of many trader. This is where Coinrule comes in. Coinrule is an automated trading tool that can help traders stick to their crypto strategy without the need to constantly monitor the markets. It’s simple to use, even for people with no programming expertise, and comes with various options to boost trades to the highest level.
Coinrule was founded in 2017 in London by a team of crypto and blockchain enthusiasts. The company’s mission is at making trading cryptocurrency easier by offering an automated trading platform that can integrate safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over the amount it had set for.
One of the main features of Coinrule is its easy to use automated trading. The market for cryptocurrency is highly volatile and it can be difficult for traders to keep up with constantly changing charts. Coinrule lets traders set up trading rules and then monitors the market and makes trades that match their plan of action. This means that traders are able to set their cryptocurrency trading on autopilot, and not look over charts for hours.
Coinrule also offers integrated trading strategies that investors can pick from. There are over 150 trading rules to pick from that make it simple for both new and experienced traders to discover the best strategy for them. In addition, traders can stop rules at any time and receive daily emails that contain trading signals that can help them adjust their strategy to the market.
Another great aspect of Coinrule is its backtesting opportunities. The traders can test their trading rules with historical market data by using TradingView. You can choose the currency they plan to trade and the time frame they want to use, and the trading strategy to check how many trades the strategy opened and closed and also the net profit, percentage of profit as well as the maximum drawdown and profit factor. This can be a helpful tool for increasing a trader’s confidence in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to use Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Trader, and Pro, with a variety of options for traders at all levels. Prices vary from $0 to $499.99 per month, and traders are able to pay monthly or annually. The annual plans can offer discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the highest level. With features such as automated trading, built-in strategies for trading, backtesting opportunities, and support for a variety of trusted cryptocurrency exchanges Coinrule provides a reliable tool that will help you make the most of the trading strategies you employ.