The world of trading cryptocurrency is quite thrilling, but it can also become time-consuming and stressful to many investors. This is the point where Coinrule is able to help. Coinrule provides an efficient trading tool that can help traders stick to their crypto strategy without having to continuously be on the lookout for market trends. It’s easy to use, even for those without coding expertise, and comes with many options to boost your trading to the next step.
Coinrule was founded in 2017 , in London by a group of blockchain and cryptocurrency enthusiasts. The company aims create a system that makes trading cryptocurrency less tedious by providing an automated trading platform which can be integrated safely with various 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 most important aspects of Coinrule is the easy to use automated trading. The markets for cryptocurrency can be extremely volatile, and it can be hard for trader to keep up with the constantly 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 are able to put their cryptocurrency trading on autopilot and not have to spend hours poring over charts.
Coinrule has built-in trading strategies that traders can choose from. There are more than 150 rules available which makes it simple for both new and experienced traders to choose an approach that is suitable for them. In addition, traders can stop rules at any time, and receive daily emails that contain trading signals that can help them adjust their strategies to market conditions.
Another excellent feature of Coinrule is the possibility of backtesting. The traders can test their trading strategies based with historical market data by using TradingView. They can select the coin they plan to trade as well as the timeframe they wish to trade and trading strategy and see how many trades were opened and closed in addition to profits net, percentage of profitability as well as the maximum drawdown and the profit ratio. This can be an effective instrument to increase confidence 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 integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader with different options for traders of all levels. Prices start at $0 and go up to $499.99 per month, and traders can choose to pay each month or annually. The yearly plans offer discounts of up to%.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the next level. With features such as automatized trading, integrated strategies for trading, backtesting opportunities, and the ability to support multiple trusted cryptocurrency exchanges Coinrule can be a powerful instrument that can aid you in making the most out of any trading plan.