The world of trading in cryptocurrency can be very exciting however, it can become time-consuming and stressful to many investors. This is where Coinrule comes in. Coinrule provides an efficient trading tool that can help traders adhere to their cryptocurrency strategy without having to constantly keep track of the market. It’s easy to use, even for people with no programming experience, and offers various features that can take you trading experience to next step.
Coinrule was established in the year 2017 London by a group of cryptocurrency and blockchain enthusiasts. The company aims to make trading in cryptocurrency easier by offering an automated trading platform that is able to integrate securely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above its target.
One of the most important features of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is extremely volatile, and it can be 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 plan of action. This means that traders are able to place their cryptocurrency trading to 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 novice and experienced traders to choose the best strategy for them. Furthermore, traders are able to pause rules at any point, and they will receive free daily emails with signals for trading which can assist them in adjusting their strategy according to the changing market.
Another great feature of Coinrule is the possibility of backtesting. Investors can test their trading strategies based with historical market data by using TradingView. They can choose the cryptocurrency they plan to trade and the time frame they want to use as well as the strategy for trading and check how many trades were opened and closed and also its net profits, percentage of profit, maximum drawdown, and profit percentage. This can be an effective tool for increasing the trust of traders in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges like 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 Trader, and Pro, with different options for traders of all levels. Prices range from $0 to $499.99 per month, and traders can choose to pay each month or annually. The yearly plans offer discounts up to 25 percent.
In the end, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest possible level. With features like automatized trading, integrated strategies for trading, backtesting opportunities, and support for a variety of trusted trading platforms, Coinrule provides a reliable tool that can help you make the most out of your trading strategy.