The world of cryptocurrency trading can be very exciting, but it can also be time-consuming and overwhelming to many investors. This is where Coinrule is able to help. Coinrule provides an efficient trading tool that can help traders adhere to their cryptocurrency strategy without having to constantly monitor the markets. It’s simple to use, even for those without coding experience, and offers many features that can take your trading to the highest level.
Coinrule was founded in the year 2017 London by a group of blockchain and cryptocurrency 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 various 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 key features of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is highly volatile and it is often hard for trader to keep up with the ever-changing charts. Coinrule allows traders to set up trading rules and then examines the market and make trades that fit into their plan of action. This means that traders are able to put their cryptocurrency trading up to run on autopilot and not look over charts for hours.
Coinrule provides integrated trading strategies that investors can choose from. There are more than 150 rules available that make it simple for both experienced and novice traders to find the best strategy for them. Furthermore, traders are able to pause rules at any time and receive daily emails with signals for trading which can assist them in adjusting their strategy to the market.
Another great characteristic of Coinrule is the possibility of backtesting. Investors can test their trading strategies based on historical market data using TradingView. They can select the coin they plan to trade and the time frame they want to use, and the trading strategy to see how many trades the strategy opened and closed and also the net profit, percentage of profitability maximum drawdown, as well as profit factor. This can be an effective method to boost a trader’s confidence in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Pro, and Trader with different options for traders at all levels. Prices start at $0 and go up through $499.99 per month, and traders have the option of paying either monthly or annually. The yearly plans offer discounts of up to 25%.
All in all, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest possible level. With features such as automated trading, built-in trading strategies with backtesting capabilities, as well as support for a variety of trusted trading platforms, Coinrule can be a powerful tool that will aid you in making the most of the trading strategies you employ.