The world of trading in cryptocurrency is quite thrilling however, it can be time-consuming and overwhelming in the eyes of many trader. This is where Coinrule comes in. Coinrule provides an efficient trading tool that helps traders adhere to their cryptocurrency strategy without having to constantly monitor the markets. It’s easy to use, even for those without coding knowledge, and provides various features that can take trades to the next step.
Coinrule was founded in 2017 , in London by a team of crypto and blockchain enthusiasts. The company aims to make trading in cryptocurrencies more efficient by providing an automated trading platform 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 the amount it had set for.
One of the key aspects of Coinrule is the user-friendly automated trading. The markets for cryptocurrency can be very volatile and it is often challenging for investors to stay up with ever-changing charts. Coinrule lets traders create trading rules, and then analyzes the market and then makes trades that match their plan of action. This means that traders can put their cryptocurrency trading on autopilot and not spend hours poring over charts.
Coinrule provides integrated trading strategies that traders can pick from. There are over 150 trading rules to pick from, making it easy for both novice and experienced traders to discover a strategy that works for them. Furthermore, traders are able to pause rules at any time and will be sent daily emails with trading signals that can help them adjust their strategies to market conditions.
Another wonderful feature of Coinrule is its backtesting opportunities. Traders can test out their trading strategy by using historical market data in TradingView. You can choose the currency they plan to trade, the desired time frame as well as the strategy for trading and see how many trades the strategy opened and closed, as well as the net profit, percentage of profitability maximum drawdown, as well as profit factor. This can be a helpful tool for increasing the trust of traders in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Pro, and Trader, with different options for traders at all levels. Prices start at $0 and go up through $499.99 per month. traders can choose to pay monthly or annually. Annual plans provide discounts up to 25%.
In the end, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest possible level. With features like automated trading, built-in strategies for trading with backtesting capabilities, as well as the ability to support multiple trusted trading platforms, Coinrule is a robust tool that can assist you in making the most of the trading strategies you employ.