The world of trading in cryptocurrency is quite thrilling however, it can become time-consuming and stressful in the eyes of many trader. This is where Coinrule comes in. Coinrule provides an efficient trading tool that can help traders stick to their cryptocurrency strategy without having to constantly keep track of the market. It is easy to use even for those with no programming expertise, and comes with various features that can boost trades to the next step.
Coinrule was founded in 2017 in London by a team of cryptocurrency and blockchain enthusiasts. The company aims at making trading cryptocurrency easier by offering an automated platform for trading that can integrate safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above its target.
One of the key features of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be highly volatile and it is often challenging for investors to stay up with constantly changing charts. Coinrule allows traders to create trading rules, and then analyzes the market and then makes trades that are compatible with their plan of action. This means that traders are able to set their cryptocurrency trading up to run on autopilot and not look over charts for hours.
Coinrule also offers built-in trading strategies that traders can pick from. There are more than 150 trading rules to pick from that make it simple for both new and experienced traders to choose the best strategy for them. In addition, traders can stop rules at any time, and receive daily emails with signals for trading that can help them adjust their strategies to market conditions.
Another great feature of Coinrule is its backtesting opportunities. The traders can test their trading strategies based by using historical market data in TradingView. They can select the coin they plan to trade and the time frame they want to use, and the trading strategy and determine how many trades that the strategy opened and closed in addition to profits net, the percentage of profit as well as the maximum drawdown and profit percentage. This can be a helpful instrument to increase confidence of traders in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can integrate Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Pro, and Trader, offering different options to traders of all levels. Prices range from $0 through $499.99 per month. traders are able to pay monthly or annually. Annual plans provide discounts of up to percent.
All in all, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the next level. With features like automatic trading and built-in strategies for trading as well as backtesting options, and support for a variety of trusted exchanges, Coinrule provides a reliable tool that can assist you in making the most of any trading plan.