The world of cryptocurrency trading can be quite exciting however, it can be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule comes in. Coinrule provides an efficient trading tool that can help traders stick to their crypto strategy without having to constantly be on the lookout for market trends. It’s easy to use even for people with no programming knowledge, and provides many features that can help you take your trading to the next step.
Coinrule was founded in 2017 in London by a group of blockchain and cryptocurrency enthusiasts. The company aims to make trading in cryptocurrencies easier by offering 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, over 200% more than the amount it had set for.
One of the key features of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be highly volatile and it is often difficult for traders to keep track of the ever-changing charts. Coinrule lets traders establish trading rules and then monitors the market and makes trades that match their plan of action. This means that traders are able to set their cryptocurrency trading to autopilot and not have to look over charts for hours.
Coinrule provides integrated trading strategies that investors can pick from. There are more than 150 trading rules to pick from that make 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 will be sent daily emails that contain trading signals which can assist them in adjusting their strategy to the market.
Another wonderful characteristic of Coinrule is its backtesting capabilities. The traders 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 to check how many trades were opened and closed and also its net profits, percentage of profit maximum drawdown, as well as profit factor. This can be an effective method to boost the trust of traders 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 any of these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader, with a variety of options for traders at all levels. Prices start at $0 and go up to $499.99 per month, and traders have the option of paying either monthly or annually. Annual plans provide discounts of up to%.
Overall, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest level. With features like automated trading, built-in trading strategies with backtesting capabilities, as well as support for a variety of trusted trading platforms, Coinrule is a robust tool that can aid you in making the most of the trading strategies you employ.