The world of trading in cryptocurrency is quite thrilling, but it can also be time-consuming and overwhelming to many investors. This is the point where Coinrule comes in. Coinrule provides an efficient tool for trading that helps traders stick to their crypto strategy without the need to constantly monitor the markets. It is easy to use, even for people with no programming expertise, and comes with various features that can take trades to the next step.
Coinrule was founded in 2017 in London by a team of blockchain and cryptocurrency enthusiasts. The company’s mission is create a system that makes trading cryptocurrency less tedious by providing 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, over 200% more than its target.
One of the most important advantages of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be highly volatile and it is often hard for trader to keep track of the constantly changing charts. Coinrule allows traders to create trading rules, and then monitors the market and makes trades that are compatible with their strategies. This means that traders are able to place their cryptocurrency trading up to run on autopilot and not have to spend hours poring over charts.
Coinrule provides integrated trading strategies that investors can choose from. There are over 150 rules to choose from that make it simple for both novice and experienced traders to find the best strategy for them. In addition, traders can stop rules at any time, and they will receive free daily emails with trading signals which can assist them in adjusting their strategies to market conditions.
Another wonderful aspect of Coinrule is the possibility of backtesting. Traders can test out their trading rules with historical market data by using TradingView. They can choose the cryptocurrency they intend to trade as well as the timeframe they wish to trade, and the trading strategy and check how many trades the strategy has opened and closed, as well as its net profits, percentage of profit as well as the maximum drawdown and profit percentage. This is a useful instrument to increase the trust of traders in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Trader, and Pro, with different options for traders of all levels. Prices range from $0 through $499.99 per month. traders have the option of paying either monthly or annually. Annual plans provide discounts of up to 25%.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the next level. With features like automatic trading and built-in trading strategies, backtesting opportunities, and support for multiple trustworthy exchanges, Coinrule can be a powerful tool that will help you make the most out of your trading strategy.