The world of cryptocurrency trading 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 is an automated trading tool that can help traders stick to their crypto strategy without having to constantly be on the lookout for market trends. It’s simple to use even for those without coding experience, and offers various options that will take you trading experience to highest step.
Coinrule was founded in the year 2017 London by a group of crypto and blockchain enthusiasts. The company’s mission is at making trading cryptocurrency more efficient by providing an automated platform for trading which can be integrated safely with multiple 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 main features of Coinrule is its easy to use automated trading. The market for cryptocurrency is very volatile and it is often hard for trader to keep up with ever-changing charts. Coinrule allows traders to create trading rules, and then monitors the market and makes trades that fit into their strategy. This means that traders are able to set their cryptocurrency trading to autopilot and not spend hours poring over charts.
Coinrule has built-in trading strategies that traders can choose from. There are more than 150 rules available which makes it simple for both new and experienced traders to find an approach that is suitable for them. Furthermore, traders are able to pause rules at any point, and receive daily emails with signals for trading which can assist them in adjusting their strategies to market conditions.
Another great feature of Coinrule is its backtesting capabilities. Traders can test out their trading strategies based on historical market data using TradingView. They can select the coin they will be trading, the desired time frame and trading strategy and check how many trades the strategy opened and closed and also the net profit, percentage of profit, maximum drawdown, and profit percentage. This is a useful method to boost the trust of traders in their trading strategies they develop.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Trader, and Pro, with different options for traders of all levels. Prices range from $0 to $499.99 per month, and traders are able to pay monthly or annually. Annual plans provide discounts up to 25%.
Overall, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest level. With features such as automated trading, built-in trading strategies as well as backtesting options, and support for a variety of trusted exchanges, Coinrule is a robust tool that can assist you in making the most of your trading strategy.