The world of trading cryptocurrency is quite thrilling, but it can also become time-consuming and stressful to many investors. This is where Coinrule is able to help. Coinrule provides an efficient trading tool that can help traders adhere to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It is easy to use even for those with no programming knowledge, and provides a variety of options that will take you trading experience to highest level.
Coinrule was founded in the year 2017 London by a group of cryptocurrency and blockchain enthusiasts. The company aims at making trading cryptocurrencies less tedious by providing an automated trading platform which can be integrated safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above the amount it had set for.
One of the most important features of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be extremely volatile, and it can be challenging for investors to stay up with constantly changing charts. Coinrule lets traders create trading rules, and then analyzes the market and then makes trades that fit into their strategies. This means that traders can place their cryptocurrency trading on autopilot and not have to go through charts for hours.
Coinrule has integrated trading strategies that investors can choose from. There are more than 150 trading rules to pick from, making it easy for both novice and experienced traders to choose a strategy that works for them. Additionally, traders can pause rules at any point, and will be sent daily emails that contain trading signals to help them adapt their strategy to the market.
Another great feature of Coinrule is its backtesting capabilities. Investors can test their trading strategy on historical market data using TradingView. They can choose the cryptocurrency they intend to trade and the time frame they want to use as well as the strategy for trading and see how many trades the strategy opened and closed in addition to its net profits, percentage of profitability, maximum drawdown, and profit factor. This can be an effective instrument to increase a trader’s confidence in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader, offering different options to traders at all levels. Prices range from $0 and up to $499.99 per month, and traders have the option of paying either monthly or annually. Annual plans provide discounts of up to 25%.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the highest level. With features like automatized trading, integrated strategies for trading with backtesting capabilities, as well as support for multiple trustworthy exchanges, Coinrule provides a reliable tool that can assist you in making the most out of the trading strategies you employ.