The world of trading cryptocurrency can be very exciting However, it can be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule comes in. Coinrule provides an efficient trading tool that can help traders adhere to their cryptocurrency strategy without having to continuously monitor the markets. It is easy to use, even for those without coding knowledge, and provides many options that will take you trading experience to next step.
Coinrule was established in 2017 , in London by a team of crypto and blockchain enthusiasts. The company aims to make trading in cryptocurrency more efficient by providing an automated trading platform that can integrate safely 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 most important advantages of Coinrule is its user-friendly automated trading. The market for cryptocurrency is 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 analyzes the market and then makes trades that are compatible with their strategies. This means that traders are able to place their cryptocurrency trading on autopilot and not have to spend hours poring over charts.
Coinrule also offers integrated trading strategies that investors can pick from. There are more than 150 rules available, making it easy for both experienced and novice traders to discover a strategy that works 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 wonderful aspect of Coinrule is its backtesting capabilities. The traders can test their trading strategy on historical market data using TradingView. They can select the coin they intend to trade, the desired time frame and trading strategy to determine how many trades that the strategy opened and closed, as well as the net profit, the percentage of profitability as well as the maximum drawdown and profit percentage. This is a useful method to boost the trust of traders in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Trader, and Pro, with a variety of options for traders at all levels. Prices range from $0 through $499.99 per month, and traders are able to pay either monthly or annually. Annual plans provide discounts up to 25 percent.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the next level. With features like automatic trading and built-in strategies for trading with backtesting capabilities, as well as support for a variety of trusted trading platforms, Coinrule provides a reliable instrument that can help you make the most out of your trading strategy.