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 comes in. Coinrule provides an efficient trading tool that helps 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 those with no programming knowledge, and provides many features that can help you take you trading experience to next level.
Coinrule was established in 2017 , in 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 is able to integrate securely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over the amount it had set for.
One of the most important aspects of Coinrule is the easy-to-use automated trading system. The markets for cryptocurrency can be extremely volatile, and it is often challenging for investors to stay up with constantly changing charts. Coinrule allows traders to set up trading rules and then monitors the market and makes trades that fit into their strategies. 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 select from. There are over 150 rules to choose from that make it simple for both new and experienced traders to find an approach that is suitable for them. In addition, traders can stop rules at any point, and they will receive free daily emails with trading signals that can help them adjust their strategy to the market.
Another excellent feature of Coinrule is its backtesting capabilities. Investors can test their trading rules on historical market data using TradingView. They can choose the cryptocurrency they plan to trade as well as the timeframe they wish to trade, and the trading strategy, and then determine how many trades that the strategy opened and closed in addition to profits net, percentage of profitability, maximum drawdown, and profit factor. This is a useful method to boost a trader’s confidence in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can connect Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader offering different options to traders of all levels. Prices start at $0 and go up through $499.99 per month, and traders have the option of paying each month or annually. The yearly plans offer discounts up to 25 percent.
In the end, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the next level. With features such as automated trading, built-in strategies for trading as well as backtesting options, and support for a variety of trusted cryptocurrency exchanges Coinrule can be a powerful instrument that can assist you in making the most out of any trading plan.