The world of trading in cryptocurrency can be quite exciting however, it can be time-consuming and overwhelming for many traders. This is where Coinrule is able to help. Coinrule is an automated trading tool that can help traders adhere to their cryptocurrency strategy without having to constantly keep track of the market. It’s easy to use even for those with no programming experience, and offers various features that can take trades to the next step.
Coinrule was founded in 2017 , in London by a team of crypto and blockchain enthusiasts. The company aims to make trading in cryptocurrencies less tedious by providing an automated platform for trading that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than the amount it had set for.
One of the key aspects of Coinrule is the easy to use automated trading. The cryptocurrency markets can be extremely volatile, and it is often hard for trader to keep up with the ever-changing charts. Coinrule allows traders to create trading rules, and then monitors the market and makes trades that are compatible with their strategy. This means that traders are able to put their cryptocurrency trading to autopilot and not spend hours poring over charts.
Coinrule also offers integrated trading strategies that traders can pick from. There are over 150 rules to choose from that make it simple for both experienced and novice traders to discover an approach that is suitable for them. Additionally, traders can pause rules at any time, and will be sent daily emails with trading signals that can help them adjust their strategies to market conditions.
Another great aspect of Coinrule is its backtesting opportunities. The traders can test their trading strategies based on historical market data using TradingView. You can choose the currency they intend to trade as well as the timeframe they wish to trade and trading strategy to see how many trades the strategy opened and closed in addition to profits net, the percentage of profitability maximum drawdown, as well as the profit ratio. This is a useful tool for increasing the trust of traders in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can integrate Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels that include 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, and traders have the option of paying each month or annually. The yearly plans offer discounts of up to%.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the highest possible level. With features such as automatized trading, integrated strategies for trading with backtesting capabilities, as well as support for multiple trustworthy trading platforms, Coinrule provides a reliable tool that can assist you in making the most out of your trading strategy.