The world of trading cryptocurrency is quite thrilling however, it can be time-consuming and overwhelming to many investors. This is the point where Coinrule is able to help. Coinrule is an automated trading tool that can help traders stick to their crypto strategy without the need to constantly be on the lookout for market trends. It is easy to use even for people with no programming expertise, and comes with a variety of options to boost your trading to the highest level.
Coinrule was founded 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 that can integrate safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its goal.
One of the main features of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be extremely volatile, and it can be challenging for investors to stay 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 means that traders can place their cryptocurrency trading on autopilot, and not look over charts for hours.
Coinrule also offers integrated trading strategies that investors can select from. There are more than 150 rules available, making it easy for both experienced and novice traders to discover an approach that is suitable for them. In addition, traders can stop rules at any point, and they will receive free daily emails that contain trading signals to help them adapt their strategies to market conditions.
Another great characteristic of Coinrule is its backtesting opportunities. Investors can test their trading strategy on historical market data using TradingView. You can choose the currency they will be trading and the time frame they want to use and trading strategy and determine how many trades that were opened and closed in addition to its net profits, the percentage of profitability maximum drawdown, as well as the profit ratio. This can be a helpful tool for increasing a trader’s confidence in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can use Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers, 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 can choose to pay each month or annually. Annual plans provide discounts of up to%.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest possible level. With features such as automated trading, built-in trading strategies with backtesting capabilities, as well as support for multiple trustworthy trading platforms, Coinrule provides a reliable instrument that can aid you in making the most out of any trading plan.