The world of cryptocurrency trading can be quite exciting, but it can also become time-consuming and stressful for many traders. This is where Coinrule is able to help. Coinrule can be described as an automatic trading tool that helps traders stick to their cryptocurrency strategy without having to continuously keep track of the market. It’s simple to use even for those without coding knowledge, and provides a variety of features that can help you take trades to the next level.
Coinrule was founded in 2017 , in London by a team of cryptocurrency and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrencies easier by offering an automated trading platform that can integrate safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its target.
One of the key advantages of Coinrule is its easy to use automated trading. The market for cryptocurrency is very volatile and it can be difficult for traders to keep up with ever-changing charts. Coinrule allows traders to set up trading rules and then analyzes the market and then makes trades that match their strategy. This means that traders are able to place their cryptocurrency trading on autopilot, and not look over charts for hours.
Coinrule also offers integrated trading strategies that traders can choose from. There are over 150 trading rules to pick from, making it easy for both new and experienced 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 strategy to the market.
Another great feature of Coinrule is the possibility of backtesting. Traders can test out their trading rules by using historical market data in TradingView. You can choose the currency they plan to trade and the time frame they want to use, and the trading strategy to check how many trades the strategy has opened and closed in addition to the net profit, the percentage of profitability as well as the maximum drawdown and the profit ratio. This can be an effective tool for increasing the trust 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 use Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Trader, and Pro, offering different options to traders at all levels. Prices vary from $0 to $499.99 per month. traders can choose to pay monthly or annually. Annual plans provide discounts of up to percent.
All in all, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience 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 help you make the most of any trading plan.