The world of trading in cryptocurrency can be very exciting however, it can be time-consuming and overwhelming to many investors. This is where Coinrule comes in. Coinrule can be described as an automatic tool for trading that helps traders stick to their cryptocurrency strategy without having to continuously keep track of the market. It is easy to use even for those without coding experience, and offers many features that can boost you trading experience to next level.
Coinrule was established in 2017 , in London by a group of blockchain and cryptocurrency enthusiasts. Its goal is at making trading cryptocurrencies more efficient by providing an automated platform for trading that is able to integrate securely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above its goal.
One of the key features of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be very volatile and it is often difficult for traders to keep up with ever-changing charts. Coinrule lets traders create trading rules, and then analyzes the market and then makes trades that fit into their strategies. This means that traders can put their cryptocurrency trading on autopilot and not look over charts for hours.
Coinrule provides built-in trading strategies that traders can select from. There are more than 150 rules available which makes it simple for both novice and experienced traders to find the best strategy 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 according to the changing market.
Another great aspect of Coinrule is its backtesting capabilities. Traders can test out their trading strategy with historical market data by using TradingView. You can choose the currency they will be trading as well as the timeframe they wish to trade and trading strategy, and then determine how many trades that the strategy opened and closed, as well as profits net, the percentage of profitability as well as the maximum drawdown and profit factor. This can be a helpful instrument to increase the trust of traders in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Pro, and Trader with different options for traders of all levels. Prices start at $0 and go up through $499.99 per month, and traders are able to pay each month or annually. The annual plans can offer discounts of up to 25 percent.
Overall, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest possible level. With features like automatic trading and built-in trading strategies, backtesting opportunities, and the ability to support multiple trusted cryptocurrency exchanges Coinrule provides a reliable tool that can aid you in making the most out of the trading strategies you employ.