The world of trading cryptocurrency can be quite 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 helps traders stick to their cryptocurrency strategy without having to constantly monitor the markets. It is easy to use even for people with no programming experience, and offers many options that will boost trades to the next level.
Coinrule was established in the year the year 2017 London by a team 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 its goal.
One of the key features of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be very volatile and it can be challenging for investors to stay up with constantly changing charts. Coinrule lets traders set up trading rules and then monitors the market and makes trades that are compatible with their plan of action. This means that traders are able to set their cryptocurrency trading up to run on autopilot and not look over charts for hours.
Coinrule provides built-in trading strategies that traders can select from. There are over 150 rules to choose from which makes it simple for both novice and experienced traders to choose an approach that is suitable for them. In addition, traders can stop rules at any time and will be sent daily emails with trading signals to help them adapt their strategy to the market.
Another excellent feature of Coinrule is the possibility of backtesting. The traders can test their trading rules by using historical market data in TradingView. They can choose the cryptocurrency they will be trading as well as the timeframe they wish to trade as well as the strategy for trading, and then check how many trades the strategy has opened and closed and also its net profits, percentage of profitability as well as the maximum drawdown and the profit ratio. This is a useful instrument to increase a trader’s confidence 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. This means that traders can use Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader with a variety of options for traders at all levels. Prices range from $0 and up to $499.99 per month, and traders have the option of paying monthly or annually. The annual plans can offer discounts of up to%.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest possible level. With features like automatized trading, integrated trading strategies as well as backtesting options, and the ability to support multiple trusted cryptocurrency exchanges Coinrule is a robust instrument that can help you make the most out of any trading plan.