The world of trading cryptocurrency can be very exciting, but it can also be time-consuming and overwhelming to many investors. This is where Coinrule comes in. Coinrule is an automated trading tool that can help traders stick to their crypto strategy without the need to constantly monitor the markets. It’s simple to use, even for those with no programming experience, and offers many options that will boost you trading experience to highest level.
Coinrule was established in 2017 , in London by a group of crypto and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrency less tedious by providing an automated platform for trading which can be integrated safely with several 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 most important advantages of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be highly volatile and it is often challenging for investors to stay track of the constantly changing charts. Coinrule allows traders to create trading rules, and then monitors the market and makes trades that are compatible with their strategies. This means that traders can set their cryptocurrency trading up to run on autopilot and not have to spend hours poring over charts.
Coinrule has integrated trading strategies that traders can pick from. There are more than 150 rules available, making it easy for both new and experienced traders to choose an approach that is suitable for them. In addition, traders can stop rules at any time and they will receive free daily emails that contain trading signals which can assist them in adjusting their strategy to the market.
Another great aspect of Coinrule is its backtesting opportunities. Investors can test their trading strategies based with historical market data by using TradingView. They can choose the cryptocurrency they intend to trade, the desired time frame, and the trading strategy and determine how many trades that the strategy opened and closed in addition to its net profits, the percentage of profitability maximum drawdown, as well as profit percentage. This is a useful tool for increasing 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. This means that traders can use Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader, with different options for traders at all levels. Prices start at $0 and go up to $499.99 per month. traders can choose to pay either monthly or annually. Annual plans provide 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 such as automatized trading, integrated strategies for trading with backtesting capabilities, as well as support for a variety of trusted cryptocurrency exchanges Coinrule can be a powerful instrument that can aid you in making the most out of any trading plan.