The world of trading cryptocurrency is quite thrilling, but it can also be time-consuming and overwhelming in the eyes of many trader. This is where Coinrule comes in. Coinrule provides an efficient tool for trading that helps traders adhere to their cryptocurrency strategy without having to continuously monitor the markets. It’s simple to use, even for those with no programming expertise, and comes with various features that can help you take trades to the next step.
Coinrule was established in 2017 in London by a group of crypto and blockchain enthusiasts. The company’s mission is at making trading cryptocurrency less tedious by providing an automated trading platform which can be integrated safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above its target.
One of the key aspects of Coinrule is the easy-to-use automated trading system. The markets for cryptocurrency can be highly volatile and it can be challenging for investors to stay track of the constantly changing charts. Coinrule allows traders to establish trading rules and then monitors the market and makes trades that match their strategy. This allows traders to set their cryptocurrency trading to autopilot, and not go through charts for hours.
Coinrule also offers integrated trading strategies that traders can pick from. There are more than 150 trading rules to pick from, making it easy for both novice and experienced traders to find the best strategy for them. Additionally, traders can pause rules at any point, and they will receive free daily emails with trading signals that can help them adjust their strategies to market conditions.
Another wonderful characteristic of Coinrule is its backtesting opportunities. The traders can test their trading strategy with historical market data by using TradingView. You can choose the currency they will be trading, the desired time frame as well as the strategy for trading and see how many trades the strategy opened and closed, as well as profits net, the percentage of profit maximum drawdown, as well as profit percentage. This is a useful instrument to increase a trader’s confidence in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader, with a variety of options for traders of all levels. Prices vary from $0 to $499.99 per month, and traders are able to pay monthly or annually. The yearly plans offer discounts of up to percent.
In the end, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the next level. With features such as automatized trading, integrated trading strategies with backtesting capabilities, as well as support for a variety of trusted exchanges, Coinrule can be a powerful tool that can help you make the most out of the trading strategies you employ.