The world of trading cryptocurrency can be very exciting however, it can be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule comes in. Coinrule can be described as an automatic tool for trading that helps traders stick to their crypto strategy without having to constantly be on the lookout for market trends. It is easy to use, even for those without coding knowledge, and provides a variety of options to boost trades to the next step.
Coinrule was founded in 2017 , in London by a group of crypto and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrency less tedious by providing an automated platform for trading that can integrate safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above its target.
One of the key advantages of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be extremely volatile, and it can be difficult for traders to keep track of the constantly changing charts. Coinrule allows traders to set up trading rules and then examines the market and make 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 spend hours poring over charts.
Coinrule provides integrated trading strategies that traders can pick from. There are over 150 rules to choose from that make it simple for both experienced and novice traders to choose 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 which can assist them in adjusting their strategy according to the changing market.
Another wonderful aspect of Coinrule is its backtesting opportunities. Investors can test their trading rules by using historical market data in TradingView. You can choose the currency they plan to trade and the time frame they want to use, and the trading strategy, and then see how many trades were opened and closed, as well as its net profits, percentage of profit as well as the maximum drawdown and profit percentage. This can be a helpful method to boost confidence of traders in the trading rules they create.
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 any of these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader, offering different options to traders of all levels. Prices vary from $0 and up to $499.99 per month, and traders have the option of paying either monthly or annually. The yearly plans offer discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the next level. With features like automatized trading, integrated strategies for trading as well as backtesting options, and the ability to support multiple trusted exchanges, Coinrule provides a reliable tool that will aid you in making the most of the trading strategies you employ.