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 trading tool that helps traders stick to their crypto strategy without the need to constantly keep track of the market. It’s simple to use even for people with no programming expertise, and comes with various options that will help you take your trading to the highest step.
Coinrule was established in 2017 , in London by a team of blockchain and cryptocurrency enthusiasts. The company aims create a system that makes trading cryptocurrency less tedious by providing an automated trading platform which can be integrated safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its goal.
One of the main features of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be very volatile and it can be challenging for investors to stay track of the constantly changing charts. Coinrule lets traders establish trading rules and then monitors the market and makes trades that are compatible with their strategies. This means that traders are able to put their cryptocurrency trading up to run on autopilot and not look over charts for hours.
Coinrule has integrated trading strategies that investors can pick from. There are over 150 rules available that make it simple for both experienced and novice traders to find a strategy that works for them. Furthermore, traders are able to pause rules at any time and will be sent daily emails with trading signals that can help them adjust their strategy to the market.
Another great aspect of Coinrule is the possibility of backtesting. Investors can test their trading strategy with historical market data by using TradingView. You can choose the currency they intend to trade, the desired time frame, and the trading strategy, and then check how many trades were opened and closed in addition to the net profit, percentage of profit, maximum drawdown, and profit factor. This can be an effective instrument to increase confidence of traders in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Trader, and Pro, offering different options to traders at all levels. Prices start at $0 and go up to $499.99 per month, and traders are able to pay either monthly or annually. The yearly plans offer discounts of up to 25 percent.
Overall, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the next level. With features like automated trading, built-in trading strategies as well as backtesting options, and the ability to support multiple trusted exchanges, Coinrule can be a powerful instrument that can help you make the most out of the trading strategies you employ.