The world of trading cryptocurrency can be quite exciting, but it can also become time-consuming and stressful for many traders. 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 is easy to use, even for those with no programming expertise, and comes with many options that will boost your trading to the next level.
Coinrule was founded in 2017 in London by a group of crypto and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrency less tedious 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) on Seedrs. This is over 200% more than its target.
One of the main advantages of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is very volatile and it is often challenging for investors to stay up with ever-changing charts. Coinrule allows traders to set up trading rules and then monitors the market and makes trades that match their strategies. This means that traders can set their cryptocurrency trading on autopilot, and not spend hours poring over charts.
Coinrule provides built-in trading strategies that traders can pick from. There are more than 150 rules to choose from, making it easy for both experienced and novice traders to discover a strategy that works for them. Furthermore, traders are able to pause rules at any time, and receive daily emails with signals for trading that can help them adjust their strategies to market conditions.
Another excellent aspect of Coinrule is its backtesting opportunities. Traders can test out their trading rules with historical market data by using TradingView. They can choose the cryptocurrency they will be trading, the desired time frame as well as the strategy for trading to determine how many trades that were opened and closed, as well as the net profit, percentage of profit, maximum drawdown, and profit factor. This can be an effective instrument to increase the trust of traders in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can integrate Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Pro, and Trader with different options for traders at all levels. Prices range from $0 to $499.99 per month, and traders are able to pay either monthly or annually. The annual plans can offer discounts of up to 25%.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest level. With features such as automatic trading and built-in strategies for trading with backtesting capabilities, as well as support for multiple trustworthy trading platforms, Coinrule is a robust tool that will assist you in making the most out of any trading plan.