The world of cryptocurrency trading can be very exciting however, it can become time-consuming and stressful 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 constantly monitor the markets. It’s easy to use, even for those without coding experience, and offers various options that will help you take trades to the next level.
Coinrule was established in the year 2017 in London by a team of crypto and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrency easier by offering an automated platform for trading which can be integrated safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than its target.
One of the main advantages of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is very volatile and it is often hard for trader to keep up with the constantly changing charts. Coinrule lets traders establish trading rules and then analyzes the market and then makes trades that are compatible with their plan of action. This means that traders are able to put their cryptocurrency trading on autopilot and not go through charts for hours.
Coinrule also offers integrated trading strategies that investors can pick from. There are over 150 rules to choose from that make it simple for both experienced and novice traders to choose an approach that is suitable for them. In addition, traders can stop rules at any point, and receive daily emails that contain trading signals which can assist them in adjusting their strategy to the market.
Another great characteristic 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 will be trading as well as the timeframe they wish to trade and trading strategy, and then see how many trades were opened and closed and also the net profit, the percentage of profitability maximum drawdown, as well as profit factor. This is a useful tool for increasing confidence of traders in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can integrate Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Pro, and Trader, with different options for traders of all levels. Prices start at $0 and go up and up to $499.99 per month, and traders can choose to pay either monthly or annually. The yearly plans offer discounts up to 25 percent.
Overall, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the highest possible level. With features like automatic trading and built-in strategies for trading as well as backtesting options, and support for multiple trustworthy trading platforms, Coinrule is a robust tool that can aid you in making the most out of the trading strategies you employ.