The world of trading in cryptocurrency is quite thrilling, but it can also become time-consuming and stressful to many investors. This is the point where Coinrule is able to help. Coinrule provides an efficient tool for trading that helps traders adhere to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It’s simple to use, even for those with no programming experience, and offers various options to take trades to the next level.
Coinrule was established in 2017 in London by a team of blockchain and cryptocurrency enthusiasts. The company aims create a system that makes trading cryptocurrencies more efficient by providing an automated platform for trading that is able to integrate securely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its target.
One of the key advantages of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be very volatile and it can be difficult for traders to keep up with the constantly changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that fit into their plan of action. This means that traders can set their cryptocurrency trading on autopilot and not look over charts for hours.
Coinrule provides integrated trading strategies that traders can choose from. There are over 150 rules available, making it easy for both experienced and novice traders to choose an approach that is suitable for them. Furthermore, traders are able to pause rules at any time and they will receive free daily emails that contain trading signals to help them adapt their strategies to market conditions.
Another wonderful feature of Coinrule is the possibility of backtesting. Traders can test out their trading rules by using historical market data in 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, and then see how many trades the strategy opened and closed and also profits net, percentage of profit as well as the maximum drawdown and profit percentage. This is a useful tool for increasing a trader’s confidence in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Pro, and Trader with a variety of options for traders of all levels. Prices range from $0 through $499.99 per month, and traders have the option of paying monthly or annually. Annual plans provide discounts up to 25 percent.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest level. With features like automatized trading, integrated trading strategies as well as backtesting options, and support for a variety of trusted trading platforms, Coinrule provides a reliable tool that will help you make the most out of your trading strategy.