The world of cryptocurrency trading is quite thrilling, but it can also be time-consuming and overwhelming for many traders. 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 knowledge, and provides a variety of options to take your trading to the next level.
Coinrule was established in 2017 , in London by a group of crypto and blockchain enthusiasts. Its goal is to make trading in cryptocurrencies more efficient by providing an automated platform for trading which can be integrated safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its target.
One of the key aspects of Coinrule is the easy to use automated trading. The markets for cryptocurrency can be extremely volatile, and it can be challenging for investors to stay track of the constantly changing charts. Coinrule lets traders set up trading rules and then monitors the market and makes trades that are compatible with their strategy. This means that traders are able to place their cryptocurrency trading to autopilot and not have to go through charts for hours.
Coinrule has built-in trading strategies that traders can choose from. There are over 150 trading rules to pick from, making it easy for both novice and experienced traders to choose the best strategy for them. Additionally, traders can pause rules at any point, and they will receive free daily emails that contain trading signals that can help them adjust their strategies to market conditions.
Another wonderful feature of Coinrule is its backtesting capabilities. The traders can test their trading strategies based on historical market data using TradingView. You can choose the currency they plan to trade, the desired time frame as well as the strategy for trading and see how many trades the strategy opened and closed and also profits net, the percentage of profit as well as the maximum drawdown and profit percentage. This can be an effective instrument to increase the trust of traders in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Trader, and Pro, with a variety of options for traders of all levels. Prices start at $0 and go up and up to $499.99 per month, and traders are able to pay monthly or annually. The annual plans can offer discounts of up to%.
Overall, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest level. With features like automatic trading and built-in strategies for trading as well as backtesting options, and the ability to support multiple trusted cryptocurrency exchanges Coinrule can be a powerful instrument that can assist you in making the most of your trading strategy.