The world of cryptocurrency trading can be very exciting however, it can become time-consuming and stressful to many investors. This is the point where Coinrule is able to help. Coinrule provides an efficient tool for trading that helps traders adhere to their cryptocurrency strategy without having to constantly keep track of the market. It is easy to use even for those with no programming expertise, and comes with many features that can take your trading to the next step.
Coinrule was founded in 2017 , in London by a group of cryptocurrency and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrencies less tedious by providing an automated trading platform 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 the amount it had set for.
One of the key advantages of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be very volatile and it is often challenging for investors to stay up with constantly changing charts. Coinrule lets traders set up trading rules and then analyzes the market and then makes trades that match their strategy. This means that traders can place their cryptocurrency trading on autopilot and not have to go through charts for hours.
Coinrule also offers integrated trading strategies that investors can choose from. There are more than 150 rules available, making it easy for both new and experienced traders to choose the best strategy for them. Additionally, traders can pause rules at any time and they will receive free daily emails that contain trading signals which can assist them in adjusting their strategies to market conditions.
Another great aspect of Coinrule is the possibility of backtesting. Traders can test out their trading strategy by using historical market data in TradingView. They can choose the cryptocurrency they plan to trade and the time frame they want to use, and the trading strategy and see how many trades the strategy has opened and closed and also profits net, the percentage of profitability, maximum drawdown, and profit factor. This can be a helpful instrument to increase the trust of traders in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to use Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader, with a variety of options for traders at all levels. Prices start at $0 and go up through $499.99 per month. traders have the option of paying either monthly or annually. Annual plans provide discounts of up to%.
All in all, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the next level. With features like 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 will assist you in making the most of any trading plan.