The world of trading in cryptocurrency can be very exciting, but it can also become time-consuming and stressful to many investors. This is the point where Coinrule comes in. Coinrule is an automated trading tool that helps traders stick to their cryptocurrency strategy without having to constantly be on the lookout for market trends. It is easy to use, even for those without coding experience, and offers various options to boost you trading experience to next level.
Coinrule was founded in 2017 , in London by a group of cryptocurrency and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrency less tedious by providing an automated trading platform which can be integrated safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over its goal.
One of the key aspects of Coinrule is the user-friendly automated trading. The markets for cryptocurrency can be extremely volatile, and it is often hard for trader to keep track of the constantly changing charts. Coinrule lets traders create trading rules, and then monitors the market and makes trades that are compatible with their plan of action. This means that traders can set their cryptocurrency trading to autopilot and not have to spend hours poring over charts.
Coinrule provides integrated trading strategies that investors can choose from. There are over 150 rules to choose from, making it easy for both new and experienced traders to discover the best strategy for them. In addition, traders can stop rules at any point, and they will receive free daily emails with trading signals which can assist them in adjusting their strategy to the market.
Another wonderful characteristic of Coinrule is the possibility of backtesting. Investors can test their trading strategies based with historical market data by using TradingView. They can select the coin they plan to trade as well as the timeframe they wish to trade as well as the strategy for trading to see how many trades the strategy opened and closed and also its net profits, percentage of profit, maximum drawdown, and the profit ratio. This can be a helpful instrument to increase confidence of traders in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to connect Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader offering different options to traders at all levels. Prices start at $0 and go up to $499.99 per month. traders have the option of paying each month or annually. The annual plans can offer discounts up to 25%.
Overall, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the next level. With features such as automatic trading and built-in strategies for trading, backtesting opportunities, and the ability to support multiple trusted cryptocurrency exchanges Coinrule is a robust tool that will aid you in making the most of the trading strategies you employ.