The world of trading cryptocurrency can be very exciting, but it can also 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 stick to their cryptocurrency strategy without having to continuously monitor the markets. It is easy to use even for those without coding experience, and offers various features that can boost trades to the next step.
Coinrule was founded in 2017 , in London by a team of cryptocurrency and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrencies easier by offering an automated platform for trading that can integrate safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than the amount it had set for.
One of the key features of Coinrule is its easy to use automated trading. The market for cryptocurrency is extremely volatile, and it is often difficult for traders to keep track of the constantly changing charts. Coinrule allows traders to create trading rules, and then analyzes the market and then makes trades that fit into their plan of action. This means that traders can put their cryptocurrency trading up to run on autopilot and not go through charts for hours.
Coinrule has integrated trading strategies that investors can select from. There are over 150 rules to choose from, making it easy for both experienced and novice traders to choose the best strategy for them. In addition, traders can stop rules at any point, and they will receive free daily emails that contain trading signals to help them adapt their strategy according to the changing market.
Another great aspect of Coinrule is its backtesting opportunities. The traders can test their trading rules with historical market data by using TradingView. You can choose the currency they intend to trade and the time frame they want to use and trading strategy to see how many trades the strategy has opened and closed and also the net profit, percentage of profit, maximum drawdown, and profit percentage. This can be an effective tool for increasing confidence of traders in the trading rules they design.
Coinrule also supports multiple trustworthy 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 Trader, and Pro, offering different options to traders of all levels. Prices start at $0 and go up and up to $499.99 per month, and traders have the option of paying monthly or annually. Annual plans provide discounts up to 25 percent.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest level. With features such as automatized trading, integrated trading strategies as well as backtesting options, and support for multiple trustworthy trading platforms, Coinrule is a robust tool that can assist you in making the most out of any trading plan.