The world of trading cryptocurrency can be very exciting, but it can also become time-consuming and stressful to many investors. This is the point where Coinrule comes in. Coinrule is an automated trading tool that helps traders stick to their crypto strategy without the need to constantly keep track of the market. It’s easy to use, even for people with no programming experience, and offers a variety of options that will boost you trading experience to highest level.
Coinrule was established in 2017 , in London by a group of cryptocurrency and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrency more efficient by providing an automated trading platform that can integrate safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than the amount it had set for.
One of the main advantages of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be extremely volatile, and it can be hard for trader to keep up with the constantly changing charts. Coinrule lets traders establish trading rules and then analyzes the market and then makes trades that match their strategies. This allows traders to place their cryptocurrency trading up to run on autopilot, and not look over charts for hours.
Coinrule provides built-in trading strategies that traders can choose from. There are over 150 rules available, making it easy for both experienced and novice traders to discover an approach that is suitable for them. In addition, traders can stop rules at any point, and they will receive free daily emails with trading signals to help them adapt their strategy according to the changing market.
Another wonderful aspect of Coinrule is the possibility of backtesting. Investors can test their trading strategies based with historical market data by using TradingView. They can select the coin they plan to trade as well as the timeframe they wish to trade as well as the strategy for trading, and then check how many trades the strategy has opened and closed and also the net profit, the percentage of profit, maximum drawdown, and profit factor. This can be a helpful method to boost confidence of traders 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 use Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader with different options for traders of all levels. Prices start at $0 and go up to $499.99 per month. traders are able to pay each month or annually. The annual plans can offer discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the next level. With features such as automated trading, built-in trading strategies as well as backtesting options, and support for a variety of trusted exchanges, Coinrule can be a powerful tool that will assist you in making the most of any trading plan.