The world of trading in cryptocurrency is quite thrilling however, it can become time-consuming and stressful 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 the need to constantly monitor the markets. It’s easy to use even for people with no programming expertise, and comes with various features that can take trades to the next level.
Coinrule was founded in 2017 , in London by a team of blockchain and cryptocurrency enthusiasts. The company’s mission is to make trading in cryptocurrencies more efficient by providing an automated trading platform that is able to integrate securely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its target.
One of the main aspects of Coinrule is the easy to use automated trading. The cryptocurrency markets can be very volatile and it is often challenging for investors to stay up with constantly changing charts. Coinrule allows traders to create trading rules, and then examines the market and make trades that match their strategy. This means that traders are able to put their cryptocurrency trading up to run on autopilot, and not spend hours poring over charts.
Coinrule provides integrated trading strategies that traders can pick from. There are over 150 rules to choose from that make it simple for both novice and experienced traders to choose a strategy that works for them. In addition, traders can stop rules at any point, and will be sent daily emails with signals for trading which can assist them in adjusting their strategy to the market.
Another great feature of Coinrule is its backtesting opportunities. The traders can test their trading strategy with historical market data by using TradingView. They can select the coin they plan to trade, the desired time frame as well as the strategy for trading, and then determine how many trades that the strategy has opened and closed in addition to the net profit, percentage of profit, maximum drawdown, and the profit ratio. This is a useful tool for increasing a trader’s confidence in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Trader, and Pro, with a variety of options for traders at all levels. Prices range from $0 and up to $499.99 per month, and traders can choose to pay each month or annually. Annual plans provide discounts of up to 25%.
All in all, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest level. With features such as automatic trading and built-in trading strategies, backtesting opportunities, and support for a variety of trusted trading platforms, Coinrule is a robust instrument that can assist you in making the most of any trading plan.