The world of trading cryptocurrency is quite thrilling however, it can become time-consuming and stressful in the eyes of many trader. This is the point where Coinrule is able to help. Coinrule provides an efficient tool for trading that helps traders stick to their crypto strategy without having to constantly monitor the markets. It is easy to use, even for those with no programming knowledge, and provides various options that will boost trades to the next level.
Coinrule was established in the year 2017 , in London by a group of blockchain and cryptocurrency enthusiasts. The company aims at making trading cryptocurrencies easier by offering an automated trading platform that is able to integrate securely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its target.
One of the most important features of Coinrule is its easy to use automated trading. The market for cryptocurrency is extremely volatile, and it can be challenging for investors to stay track of the constantly changing charts. Coinrule lets traders create 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 up to run on autopilot and not spend hours poring over charts.
Coinrule also offers built-in trading strategies that traders can pick from. There are more than 150 trading rules to pick from, making it easy for both new and experienced traders to discover an approach that is suitable for them. Additionally, traders can pause rules at any time, and receive daily emails with signals for trading that can help them adjust their strategy to the market.
Another great characteristic of Coinrule is its backtesting capabilities. Traders can test out their trading strategies based by using historical market data in TradingView. They can choose the cryptocurrency they intend to trade and the time frame they want to use and trading strategy, and then determine how many trades that the strategy opened and closed and also its net profits, the percentage of profit, maximum drawdown, and profit factor. This can be an effective tool for increasing confidence of traders in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Pro, and Trader, with different options for traders of all levels. Prices vary from $0 to $499.99 per month, and traders can choose to pay either monthly or annually. The yearly plans offer discounts up to 25%.
In the end, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the next level. With features like automated trading, built-in trading strategies with backtesting capabilities, as well as support for multiple trustworthy exchanges, Coinrule provides a reliable instrument that can aid you in making the most out of the trading strategies you employ.