The world of trading in cryptocurrency can be quite exciting, but it can also be time-consuming and overwhelming for many traders. This is where Coinrule comes in. Coinrule provides an efficient trading tool that helps traders stick to their cryptocurrency strategy without having to constantly monitor the markets. It’s easy to use, even for those with no programming experience, and offers many features that can take your trading to the next level.
Coinrule was founded in 2017 , in London by a team of blockchain and cryptocurrency enthusiasts. The company aims at making trading cryptocurrencies less tedious by providing an automated trading platform that is able to integrate securely 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 most important aspects of Coinrule is the easy to use automated trading. The cryptocurrency markets can be highly volatile and it can be difficult for traders to keep up with ever-changing charts. Coinrule allows traders to create trading rules, and then examines the market and make trades that match their plan of action. This allows traders to set their cryptocurrency trading to autopilot and not go through charts for hours.
Coinrule has integrated trading strategies that investors can select from. There are more than 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 that contain trading signals to help them adapt their strategy to the market.
Another wonderful feature of Coinrule is its backtesting opportunities. The traders can test their trading strategies based on historical market data using TradingView. They can select the coin they will be trading and the time frame they want to use, and the trading strategy, and then determine how many trades that the strategy opened and closed and also the net profit, percentage of profitability as well as the maximum drawdown and profit factor. This can be a helpful method to boost the trust of traders in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to use 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 vary from $0 and up to $499.99 per month, and traders have the option of paying each month or annually. Annual plans provide discounts up to 25%.
Overall, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the highest level. With features like automatized trading, integrated strategies for trading with backtesting capabilities, as well as support for a variety of trusted exchanges, Coinrule is a robust tool that will aid you in making the most out of any trading plan.