The world of cryptocurrency trading can be quite exciting, but it can also be time-consuming and overwhelming to many investors. This is where Coinrule is able to help. Coinrule can be described as an automatic tool for trading that helps traders adhere to their cryptocurrency strategy without having to continuously monitor the markets. It’s easy to use even for those with no programming expertise, and comes with many features that can help you take you trading experience to next level.
Coinrule was established in 2017 , in London by a team of blockchain and cryptocurrency enthusiasts. The company aims at making trading cryptocurrencies more efficient by providing an automated trading platform that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its goal.
One of the key aspects of Coinrule is the user-friendly automated trading. The market for cryptocurrency is very volatile and it is often hard for trader to keep track of the constantly changing charts. Coinrule allows traders to establish trading rules and then analyzes the market and then makes trades that fit into their strategy. This allows traders to set their cryptocurrency trading on autopilot and not have to go through charts for hours.
Coinrule also offers built-in trading strategies that traders can choose from. There are over 150 rules to choose from which makes it simple for both novice and experienced 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 signals for trading to help them adapt their strategy according to the changing market.
Another great aspect of Coinrule is its backtesting capabilities. The traders can test their trading strategies based by using historical market data in TradingView. You can choose the currency they will be trading as well as the timeframe they wish to trade, and the trading strategy, and then check how many trades the strategy has opened and closed, as well as profits net, percentage of profit maximum drawdown, as well as the profit ratio. This is a useful tool for increasing confidence of traders in their trading strategies they develop.
Coinrule also supports multiple trustworthy 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 with a variety of options for traders at all levels. Prices range from $0 through $499.99 per month. traders have the option of paying each month or annually. The yearly plans offer discounts of up to%.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest possible level. With features like automatized trading, integrated strategies for trading with backtesting capabilities, as well as the ability to support multiple trusted exchanges, Coinrule is a robust tool that will assist you in making the most out of your trading strategy.