The world of trading in cryptocurrency is quite thrilling, but it can also be time-consuming and overwhelming for many traders. This is where Coinrule comes in. Coinrule provides an efficient tool for trading that helps traders stick to their crypto strategy without the need to constantly keep track of the market. It is easy to use, even for people with no programming expertise, and comes with various features that can help you take you trading experience to next level.
Coinrule was founded in 2017 , in London by a team of blockchain and cryptocurrency enthusiasts. The company aims to make trading in cryptocurrencies less tedious by providing an automated trading platform that can integrate safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over its goal.
One of the main features of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be very volatile and it is often hard for trader to keep up with ever-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 put their cryptocurrency trading to autopilot, and not look over charts for hours.
Coinrule provides integrated trading strategies that investors can select from. There are over 150 rules available, making it easy for both new and experienced traders to find an approach that is suitable for them. Additionally, traders can pause rules at any point, and will be sent daily emails that contain trading signals which can assist them in adjusting their strategy according to the changing market.
Another wonderful aspect of Coinrule is its backtesting capabilities. Investors can test their trading rules with historical market data by using TradingView. You can choose the currency they intend to trade, the desired time frame, and the trading strategy to determine how many trades that the strategy opened and closed and also its net profits, the percentage of profit as well as the maximum drawdown and profit factor. This is a useful instrument to increase confidence of traders in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can use Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader with a variety of options for traders of all levels. Prices range from $0 through $499.99 per month. traders have the option of paying either monthly or annually. Annual plans provide discounts of up to%.
All in all, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the next level. With features like automatic trading and built-in strategies for trading as well as backtesting options, and the ability to support multiple trusted trading platforms, Coinrule can be a powerful tool that will help you make the most out of any trading plan.