The world of trading in cryptocurrency can be very exciting however, it can become time-consuming and stressful for many traders. This is the point where Coinrule is able to help. Coinrule provides an efficient trading tool that can help 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 knowledge, and provides various options to help you take your trading to the next step.
Coinrule was founded in the year 2017 London by a group of blockchain and cryptocurrency enthusiasts. The company aims to make trading in cryptocurrency less tedious by providing an automated platform for trading that can integrate safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than its target.
One of the key advantages of Coinrule is its easy to use automated trading. The market for cryptocurrency is highly volatile and it can be challenging for investors to stay up with ever-changing charts. Coinrule lets traders set up trading rules and then examines the market and make trades that fit into their plan of action. This allows traders to place their cryptocurrency trading to autopilot and not spend hours poring over charts.
Coinrule also offers integrated trading strategies that traders can choose from. There are over 150 rules available which makes it simple for both experienced and novice traders to find a strategy that works for them. In addition, traders can stop rules at any time and receive daily emails with signals for trading to help them adapt their strategies to market conditions.
Another wonderful characteristic of Coinrule is the possibility of backtesting. Investors can test their trading strategies based on historical market data using TradingView. They can choose the cryptocurrency they plan to trade, the desired time frame and trading strategy to check how many trades the strategy has opened and closed, as well as its net profits, percentage of profit as well as the maximum drawdown and the profit ratio. This can be an effective method to boost confidence of traders in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Trader, and Pro, offering different options to traders of all levels. Prices range from $0 and up to $499.99 per month, and traders are able to pay each month or annually. The yearly plans offer discounts of up to 25%.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the next level. With features such as automated trading, built-in trading strategies, backtesting opportunities, and support for multiple trustworthy exchanges, Coinrule is a robust instrument that can assist you in making the most out of the trading strategies you employ.