The world of trading cryptocurrency is quite thrilling However, it can be time-consuming and overwhelming to many investors. This is the point where Coinrule comes in. Coinrule provides an efficient trading tool that helps traders adhere to their cryptocurrency strategy without having to continuously keep track of the market. It’s easy to use even for people with no programming expertise, and comes with various options that will take your trading to the highest level.
Coinrule was established in 2017 in London by a team of crypto and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrency easier by offering an automated platform for trading that is able to integrate securely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above its goal.
One of the main aspects of Coinrule is the user-friendly automated trading. The markets for cryptocurrency can be very volatile and it can be difficult for traders to keep track of the ever-changing charts. Coinrule lets traders set up trading rules and then examines the market and make trades that are compatible with their strategies. This allows traders to put their cryptocurrency trading on autopilot and not look over charts for hours.
Coinrule also offers integrated trading strategies that investors can select from. There are over 150 rules to choose from that make it simple for both new and experienced traders to discover a strategy that works for them. Additionally, traders can pause rules at any time and they will receive free daily emails that contain trading signals to help them adapt their strategy to the market.
Another excellent characteristic of Coinrule is the possibility of backtesting. The traders can test their trading rules with historical market data by using TradingView. They can select the coin they intend to trade, the desired time frame and trading strategy to see how many trades were opened and closed and also its net profits, percentage of profit as well as the maximum drawdown and the profit ratio. This can be an effective method to boost a trader’s confidence in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader, with different options for traders at all levels. Prices vary from $0 and up to $499.99 per month, and traders are able to pay either monthly or annually. The annual plans can offer discounts of up to 25%.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the next level. With features like automatized trading, integrated strategies for trading as well as backtesting options, and support for a variety of trusted cryptocurrency exchanges Coinrule can be a powerful tool that can aid you in making the most out of any trading plan.