The world of cryptocurrency trading can be very exciting however, it can be time-consuming and overwhelming in the eyes of many trader. This is where Coinrule comes in. Coinrule provides an efficient tool for trading that helps traders stick to their cryptocurrency strategy without the need to constantly monitor the markets. It’s easy to use, even for those with no programming expertise, and comes with many options that will take you trading experience to highest level.
Coinrule was established in 2017 , in London by a team of cryptocurrency and blockchain enthusiasts. The company aims at making trading cryptocurrencies less tedious by providing an automated platform for trading which can be integrated safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over the amount it had set for.
One of the most important aspects of Coinrule is the easy to use automated trading. The markets for cryptocurrency can be extremely volatile, and it is often challenging for investors to stay up with constantly changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that match their strategy. This means that traders can set their cryptocurrency trading up to run on autopilot, and not go through charts for hours.
Coinrule provides built-in trading strategies that traders can pick from. There are over 150 rules to choose from, making it easy for both novice and experienced traders to find a strategy that works 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 strategies to market conditions.
Another great aspect of Coinrule is its backtesting opportunities. Investors can test their trading strategy on historical market data using TradingView. You can choose the currency they plan to trade, the desired time frame, and the trading strategy, and then check how many trades the strategy has opened and closed in addition to profits net, percentage of profit, maximum drawdown, and profit factor. This can be a helpful tool for increasing a trader’s confidence in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges, such as 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 levels including Starter, Hobbyist Pro, and Trader, with different options for traders at all levels. Prices range from $0 to $499.99 per month, and traders have the option of paying either monthly or annually. Annual plans provide discounts up to 25%.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the next level. With features such as automated trading, built-in strategies for trading, backtesting opportunities, and support for multiple trustworthy cryptocurrency exchanges Coinrule is a robust tool that can help you make the most of the trading strategies you employ.