The world of trading cryptocurrency can be very exciting, but it can also be time-consuming and overwhelming 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 constantly keep track of the market. It’s simple to use, even for those with no programming knowledge, and provides various options to take your trading to the next level.
Coinrule was founded in the year 2017 London by a team of blockchain and cryptocurrency enthusiasts. Its goal is to make trading in cryptocurrency more efficient by providing an automated trading platform that can integrate safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above the amount it had set for.
One of the key advantages of Coinrule is its easy to use automated trading. The cryptocurrency markets can be highly volatile and it is often hard for trader to keep up with the constantly changing charts. Coinrule allows traders to 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 up to run on autopilot and not go through charts for hours.
Coinrule also offers built-in trading strategies that traders can choose from. There are over 150 trading rules to pick from which makes it simple for both novice and experienced traders to find a strategy that works for them. In addition, traders can stop 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 wonderful characteristic of Coinrule is its backtesting opportunities. Traders can test out their trading strategies based by using historical market data in TradingView. They can choose the cryptocurrency they intend to trade, the desired time frame, and the trading strategy to see how many trades the strategy opened and closed, as well as its net profits, the percentage of profitability, maximum drawdown, and the profit ratio. This is a useful tool for increasing the trust of traders in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges, such as 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 that include Starter, Hobbyist Pro, and Trader, with different options for traders of all levels. Prices vary from $0 through $499.99 per month, and traders are able to pay monthly or annually. Annual plans provide discounts up to 25 percent.
Overall, 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 automated trading, built-in strategies for trading, backtesting opportunities, and support for multiple trustworthy exchanges, Coinrule provides a reliable tool that can assist you in making the most of any trading plan.