The world of cryptocurrency trading can be very exciting, but it can also be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule is able to help. Coinrule can be described as an automatic trading tool that can help traders adhere to their cryptocurrency strategy without having to continuously monitor the markets. It is easy to use, even for those without coding expertise, and comes with many features that can boost you trading experience to highest step.
Coinrule was founded in 2017 in London by a group of crypto and blockchain enthusiasts. The company aims at making trading cryptocurrencies easier by offering an automated trading platform that can integrate safely with multiple exchanges. In December 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 cryptocurrency markets can be highly volatile and it is often challenging for investors to stay up with the ever-changing charts. Coinrule allows traders to set up trading rules and then analyzes the market and then makes trades that match their strategy. This means that traders can place their cryptocurrency trading up to run on autopilot, and not go through charts for hours.
Coinrule also offers built-in trading strategies that traders can choose from. There are over 150 rules to choose from that make it simple for both experienced and novice traders to discover the best strategy 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 to the market.
Another wonderful characteristic of Coinrule is the possibility of backtesting. Investors can test their trading strategies based with historical market data by using TradingView. They can select the coin they plan to trade and the time frame they want to use as well as the strategy for trading to see how many trades the strategy has opened and closed and also profits net, percentage of profit maximum drawdown, as well as profit factor. This is a useful tool for increasing 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. This means that traders can use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader offering different options to traders of all levels. Prices vary from $0 and up to $499.99 per month, and traders are able to pay each month or annually. The yearly plans offer discounts up to 25%.
All in all, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest level. With features like automated trading, built-in strategies for trading as well as backtesting options, and support for multiple trustworthy trading platforms, Coinrule is a robust tool that will assist you in making the most out of your trading strategy.