The world of cryptocurrency trading is quite thrilling, but it can also be time-consuming and overwhelming for many traders. This is where Coinrule is able to help. Coinrule provides an efficient trading tool that can help traders stick to their cryptocurrency strategy without the need to constantly be on the lookout for market trends. It’s easy to use, even for people with no programming experience, and offers many features that can help you take your trading to the next level.
Coinrule was established in 2017 , in London by a group of blockchain and cryptocurrency enthusiasts. Its goal is to make trading in cryptocurrencies more efficient by providing an automated trading platform which can be integrated safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its target.
One of the key advantages of Coinrule is its easy to use automated trading. The market for cryptocurrency is very volatile and it is often challenging for investors to stay up with ever-changing charts. Coinrule allows traders to create trading rules, and then monitors the market and makes trades that fit into their strategy. This means that traders can put their cryptocurrency trading up to run on autopilot and not spend hours poring over charts.
Coinrule provides built-in trading strategies that traders can pick from. There are over 150 rules to choose from that make it simple for both novice and experienced traders to discover the best strategy for them. Furthermore, traders are able to pause rules at any time and receive daily emails with signals for trading which can assist them in adjusting their strategy to the market.
Another great aspect of Coinrule is its backtesting capabilities. Investors can test their trading rules by using historical market data in TradingView. They can choose the cryptocurrency they intend to trade as well as the timeframe they wish to trade as well as the strategy for trading and see how many trades the strategy opened and closed and also its net profits, percentage of profit maximum drawdown, as well as profit percentage. This can be an effective method to boost confidence of traders in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader with a variety of options for traders of all levels. Prices range from $0 through $499.99 per month. traders have the option of paying each month or annually. Annual plans provide discounts up to 25%.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the next level. With features like automatized trading, integrated strategies for trading with backtesting capabilities, as well as support for a variety of trusted exchanges, Coinrule is a robust tool that will help you make the most out of the trading strategies you employ.