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 is an automated trading tool that helps traders stick to their crypto strategy without having to continuously keep track of the market. It’s easy to use even for people with no programming knowledge, and provides various features that can take your trading to the highest step.
Coinrule was established in 2017 in London by a group of crypto and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrency more efficient by providing an automated trading platform that can integrate safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than 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 challenging for investors to stay track of the constantly changing charts. Coinrule lets traders create trading rules, and then analyzes the market and then makes trades that match their plan of action. This means that traders are able to set their cryptocurrency trading to autopilot and not have to go through charts for hours.
Coinrule has integrated trading strategies that investors can pick from. There are more than 150 trading rules to pick from which makes 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 signals for trading which can assist them in adjusting their strategy to the market.
Another wonderful feature of Coinrule is its backtesting opportunities. Traders can test out their trading strategies based on historical market data using TradingView. They can choose the cryptocurrency they plan to trade, the desired time frame, and the trading strategy and determine how many trades that the strategy opened and closed in addition to its net profits, percentage of profitability maximum drawdown, as well as profit percentage. This can be an effective method to boost the trust of traders in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to use Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader, with a variety of options for traders at all levels. Prices start at $0 and go up through $499.99 per month, and traders have the option of paying either monthly or annually. Annual plans provide discounts of up to 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 automatic trading and built-in trading strategies with backtesting capabilities, as well as support for a variety of trusted cryptocurrency exchanges Coinrule provides a reliable tool that can assist you in making the most out of your trading strategy.