The world of trading in cryptocurrency is quite thrilling however, it can become time-consuming and stressful for many traders. This is the point where Coinrule comes in. Coinrule is an automated trading tool that helps traders adhere to their cryptocurrency strategy without having to constantly monitor the markets. It’s easy to use even for those without coding experience, and offers many options to help you take your trading to the next step.
Coinrule was founded in the year 2017 London by a group of cryptocurrency and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrencies more efficient by providing an automated platform for trading that can integrate safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its goal.
One of the main advantages of Coinrule is its user-friendly automated trading. The market for cryptocurrency is very volatile and it is often difficult for traders to keep up with ever-changing charts. Coinrule lets traders establish trading rules and then examines the market and make trades that fit into their plan of action. This allows traders to set their cryptocurrency trading to autopilot, and not spend hours poring over charts.
Coinrule also offers integrated trading strategies that investors can select from. There are more than 150 trading rules to pick from, making it easy for both new and experienced traders to choose the best strategy for them. Additionally, traders can pause rules at any point, and they will receive free daily emails that contain trading signals which can assist them in adjusting their strategy to the market.
Another excellent characteristic of Coinrule is its backtesting opportunities. The traders can test their trading strategies based on historical market data using TradingView. They can select the coin they intend to trade and the time frame they want to use and trading strategy and determine how many trades that the strategy has opened and closed in addition to profits net, percentage of profitability maximum drawdown, as well as profit factor. This is a useful method to boost a trader’s confidence in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Pro, and Trader, with a variety of options for traders at all levels. Prices vary from $0 and up to $499.99 per month, and traders have the option of paying monthly or annually. The yearly plans offer discounts up to 25%.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the highest possible level. With features like automatized trading, integrated trading strategies with backtesting capabilities, as well as the ability to support multiple trusted exchanges, Coinrule can be a powerful tool that can help you make the most out of the trading strategies you employ.