The world of trading in cryptocurrency can be very exciting, but it can also become time-consuming and stressful in the eyes of many trader. This is where Coinrule is able to help. Coinrule provides an efficient tool for trading that helps traders adhere to their cryptocurrency strategy without the need to constantly monitor the markets. It’s simple to use, even for people with no programming experience, and offers a variety of features that can help you take you trading experience to highest step.
Coinrule was established in 2017 , in London by a group of blockchain and cryptocurrency enthusiasts. Its goal is to make trading in cryptocurrencies less tedious by providing an automated platform for trading that is able to integrate securely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over the amount it had set for.
One of the key aspects of Coinrule is the user-friendly automated trading. The markets for cryptocurrency can be very volatile and it can be hard for trader to keep up with the ever-changing charts. Coinrule lets traders establish trading rules and then monitors the market and makes trades that match their strategies. This allows traders to put their cryptocurrency trading on autopilot and not go through charts for hours.
Coinrule has integrated trading strategies that traders can choose from. There are over 150 rules available that make it simple for both experienced and novice traders to find the best strategy for them. Additionally, traders can pause rules at any time, and will be sent daily emails that contain trading signals which can assist them in adjusting their strategy according to the changing market.
Another wonderful aspect of Coinrule is its backtesting opportunities. The traders can test their trading strategies based on historical market data using TradingView. They can select the coin they will be trading and the time frame they want to use as well as the strategy for trading to see how many trades were opened and closed and also its net profits, the percentage of profit, maximum drawdown, and profit percentage. This can be a helpful method to boost the trust of traders in the trading rules they design.
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 use Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader, offering different options to traders of all levels. Prices range from $0 and up to $499.99 per month, and traders are able to pay monthly or annually. Annual plans provide discounts up to 25 percent.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the next level. With features like automated trading, built-in strategies for trading with backtesting capabilities, as well as the ability to support multiple trusted exchanges, Coinrule can be a powerful tool that will help you make the most of any trading plan.