The world of trading in cryptocurrency is quite thrilling, but it can also be time-consuming and overwhelming for many traders. This is where Coinrule is able to help. Coinrule is an automated trading tool that can help traders adhere to their cryptocurrency strategy without having to continuously monitor the markets. It is easy to use, even for people with no programming knowledge, and provides various options to boost trades to the highest step.
Coinrule was founded in 2017 in London by a team of crypto and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrencies easier by offering an automated platform for trading which can be integrated safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its goal.
One of the key features of Coinrule is its easy to use 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 set up trading rules and then examines the market and make trades that are compatible with their plan of action. This means that traders are able to set their cryptocurrency trading to autopilot and not look over charts for hours.
Coinrule provides integrated trading strategies that traders can choose from. There are over 150 rules to choose from that make it simple for both new and experienced traders to find the best strategy for them. In addition, traders can stop rules at any time, and will be sent daily emails with signals for trading that can help them adjust their strategy to the market.
Another great characteristic of Coinrule is its backtesting opportunities. The traders can test their trading rules with historical market data by using TradingView. They can choose the cryptocurrency they intend to trade as well as the timeframe they wish to trade as well as the strategy for trading to see how many trades the strategy opened and closed in addition to the net profit, the percentage of profitability as well as the maximum drawdown and the profit ratio. This is a useful instrument to increase confidence of traders in their trading strategies they develop.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to integrate Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Pro, and Trader, offering different options to traders of all levels. Prices start at $0 and go up through $499.99 per month, and traders have the option of paying monthly or annually. The yearly plans offer 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 highest level. With features like automated trading, built-in strategies for trading as well as backtesting options, and the ability to support multiple trusted trading platforms, Coinrule provides a reliable instrument that can assist you in making the most of any trading plan.