The world of trading cryptocurrency can be quite exciting, but it can also be time-consuming and overwhelming to many investors. This is the point where Coinrule is able to help. Coinrule provides an efficient tool for trading that helps traders stick to their crypto strategy without having to constantly monitor the markets. It’s easy to use even for those with no programming expertise, and comes with various options that will boost trades to the next level.
Coinrule was established in the year the year 2017 London by a group of crypto and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrencies more efficient by providing an automated trading platform which can be integrated safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over the amount it had set for.
One of the most important features of Coinrule is its easy to use automated trading. The cryptocurrency markets can be extremely volatile, and it can be difficult for traders to keep track of the constantly changing charts. Coinrule lets traders create trading rules, and then analyzes the market and then makes trades that are compatible with their strategies. This allows traders to set their cryptocurrency trading to autopilot and not have to look over charts for hours.
Coinrule provides built-in trading strategies that traders can select from. There are more than 150 rules available which makes it simple for both new and experienced traders to find a strategy that works for them. Furthermore, traders are able to 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 aspect of Coinrule is its backtesting capabilities. Traders can test out their trading rules with historical market data by using TradingView. They can select the coin they plan to trade and the time frame they want to use and trading strategy to see how many trades were opened and closed in addition to its net profits, the percentage of profit, maximum drawdown, and the profit ratio. This is a useful 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. This means that traders can integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers 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 can choose to pay either monthly or annually. The annual plans can offer discounts of up to 25 percent.
Overall, 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 as well as backtesting options, and support for multiple trustworthy exchanges, Coinrule is a robust tool that will help you make the most out of any trading plan.