The world of cryptocurrency trading is quite thrilling, but it can also become time-consuming and stressful in the eyes of many trader. This is the point where Coinrule comes in. Coinrule provides an efficient tool for trading that helps traders stick to their cryptocurrency strategy without the need to constantly keep track of the market. It’s easy to use, even for people with no programming knowledge, and provides various options to take you trading experience to next level.
Coinrule was established in the year 2017 , in London by a team of cryptocurrency and blockchain enthusiasts. The company aims to make trading in cryptocurrency more efficient 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) on Seedrs, greater than 200% over its target.
One of the main aspects of Coinrule is the easy-to-use automated trading system. The market for cryptocurrency is extremely volatile, and it can be challenging for investors to stay track of the ever-changing charts. Coinrule lets traders establish trading rules and then examines the market and make trades that match their strategies. This means that traders are able to set their cryptocurrency trading up to run on autopilot, and not go through charts for hours.
Coinrule provides integrated trading strategies that traders can pick from. There are over 150 rules available that make it simple for both new and experienced traders to choose a strategy that works for them. Furthermore, traders are able to pause rules at any time and receive daily emails with trading signals to help them adapt their strategy to the market.
Another great aspect of Coinrule is the possibility of backtesting. Investors can test their trading strategies based with historical market data by using TradingView. They can choose the cryptocurrency they will be trading and the time frame they want to use as well as the strategy for trading and see how many trades the strategy opened and closed in addition to profits net, percentage of profit maximum drawdown, as well as profit factor. This can be an effective tool for increasing confidence of traders in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges, including 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 at all levels. Prices vary from $0 to $499.99 per month. traders have the option of paying each month or annually. Annual plans provide discounts up to 25%.
Overall, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest possible level. With features such as automatic trading and built-in trading strategies as well as backtesting options, and support for a variety of trusted exchanges, Coinrule is a robust tool that can assist you in making the most out of any trading plan.