The world of trading in cryptocurrency can be quite exciting, but it can also become time-consuming and stressful to many investors. 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 constantly keep track of the market. It is easy to use even for people with no programming knowledge, and provides a variety of features that can help you take you trading experience to next step.
Coinrule was established in the year 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 platform for trading that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its goal.
One of the main features of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be 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 examines the market and make trades that are compatible with their strategy. This means that traders can set their cryptocurrency trading to autopilot, and not go through charts for hours.
Coinrule has integrated trading strategies that investors can choose from. There are more than 150 rules to choose from which makes it simple for both new and experienced traders to discover the best strategy for them. Furthermore, traders are able to pause rules at any point, and will be sent daily emails that contain trading signals that can help them adjust their strategy according to the changing market.
Another excellent characteristic 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, the desired time frame, and the trading strategy to determine how many trades that were opened and closed and also the net profit, percentage of profit maximum drawdown, as well as profit factor. This can be a helpful tool for increasing the trust of traders 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. So, traders are able to integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader, offering different options to traders of all levels. Prices range from $0 and up to $499.99 per month, and traders are able to pay monthly or annually. Annual plans provide discounts up to 25%.
Overall, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest possible level. With features such as automated trading, built-in strategies for trading as well as backtesting options, and support for a variety of trusted exchanges, Coinrule can be a powerful instrument that can assist you in making the most of the trading strategies you employ.