The world of trading cryptocurrency can be quite exciting however, it can be time-consuming and overwhelming in the eyes of many trader. This is where Coinrule comes in. Coinrule is an automated tool for trading that helps traders stick to their crypto strategy without having to constantly monitor the markets. It is easy to use even for those with no programming expertise, and comes with many options to boost trades to the highest level.
Coinrule was established in 2017 , in London by a group of blockchain and cryptocurrency enthusiasts. The company’s mission is to make trading in cryptocurrency easier by offering an automated trading platform which can be integrated safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than the amount it had set for.
One of the main aspects of Coinrule is the user-friendly automated trading. The market for cryptocurrency is extremely volatile, and it is often challenging for investors to stay up with constantly changing charts. Coinrule allows traders to create trading rules, and then monitors the market and makes trades that fit into their plan of action. This allows traders to put their cryptocurrency trading to autopilot, and not look over charts for hours.
Coinrule has built-in trading strategies that traders can select from. There are over 150 rules to choose from, making it easy for both experienced and novice traders to choose the best strategy for them. Additionally, traders can pause rules at any time and they will receive free daily emails with trading signals which can assist them in adjusting their strategy according to the changing market.
Another great feature of Coinrule is its backtesting capabilities. The traders can test their trading strategy by using historical market data in TradingView. You can choose the currency they plan to trade and the time frame they want to use and trading strategy and determine how many trades that the strategy opened and closed and also its net profits, percentage of profitability as well as the maximum drawdown and profit factor. This is a useful method to boost the trust of traders in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges like 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, Starter, Hobbyist, Trader, and Pro, with a variety of options for traders of all levels. Prices start at $0 and go up and up to $499.99 per month, and traders have the option of paying monthly or annually. Annual plans provide discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the next level. With features such as automated trading, 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 of your trading strategy.