The world of trading cryptocurrency can be quite exciting however, it can be time-consuming and overwhelming to many investors. This is the point where Coinrule is able to help. Coinrule is an automated trading tool that can help traders stick to their cryptocurrency strategy without the need to constantly be on the lookout for market trends. It’s easy to use, even for those with no programming experience, and offers various features that can take your trading to the next level.
Coinrule was established in the year 2017 in London by a team of crypto and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrency more efficient by providing an automated trading platform that is able to integrate securely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than the amount it had set for.
One of the key features of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be very volatile and it is often difficult for traders to keep up with constantly changing charts. Coinrule allows traders to establish trading rules and then examines the market and make trades that are compatible with their plan of action. This allows traders to place their cryptocurrency trading up to run on autopilot, and not look over charts for hours.
Coinrule also offers integrated trading strategies that traders can choose from. There are more than 150 trading rules to pick from that make it simple for both new and experienced traders to choose a strategy that works for them. Furthermore, traders are able to pause rules at any time and receive daily emails with trading signals which can assist them in adjusting their strategy according to the changing market.
Another great aspect of Coinrule is the possibility of backtesting. Investors can test their trading strategy on historical market data using TradingView. They can select the coin they will be trading as well as the timeframe they wish to trade as well as the strategy for trading and check how many trades the strategy has opened and closed, as well as the net profit, the percentage of profit as well as the maximum drawdown and profit percentage. This can be a helpful instrument to increase confidence 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. This means that traders can use Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Trader, and Pro, with different options for traders at all levels. Prices start at $0 and go up to $499.99 per month, and traders have the option of paying monthly or annually. The annual plans can offer discounts of up to 25%.
All in all, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest possible level. With features such as automatized trading, integrated trading strategies, backtesting opportunities, and the ability to support multiple trusted exchanges, Coinrule can be a powerful instrument that can aid you in making the most out of the trading strategies you employ.