The world of trading cryptocurrency is quite thrilling, but it can also become time-consuming and stressful in the eyes of many trader. This is the point where Coinrule is able to help. Coinrule provides an efficient tool for trading that helps traders stick to their cryptocurrency strategy without having to continuously monitor the markets. It is easy to use, even for people with no programming knowledge, and provides many options that will boost trades to the next step.
Coinrule was established in the year 2017 , in London by a group of cryptocurrency and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrency easier by offering an automated trading platform that is able to integrate securely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than its target.
One of the key advantages of Coinrule is its user-friendly automated trading. The market for cryptocurrency is very volatile and it can be challenging for investors to stay up with the constantly changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that match their strategies. This allows traders to put their cryptocurrency trading to autopilot and not spend hours poring over charts.
Coinrule has integrated trading strategies that traders can pick from. There are over 150 trading rules to pick from that make it simple for both experienced and novice traders to find an approach that is suitable for them. Furthermore, traders are able to pause rules at any time and they will receive free daily emails that contain trading signals which can assist them in adjusting their strategy according to the changing market.
Another excellent feature of Coinrule is the possibility of backtesting. The traders can test their trading strategies based by using historical market data in TradingView. They can select the coin they plan to trade as well as the timeframe they wish to trade as well as the strategy for trading and see how many trades the strategy has opened and closed in addition to the net profit, the percentage of profitability as well as the maximum drawdown and profit factor. This is a useful tool for increasing confidence of traders in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader, with different options for traders of all levels. Prices range from $0 through $499.99 per month. traders are able to pay either monthly or annually. Annual plans provide discounts of up to 25%.
All in all, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the next level. With features such as automatic trading and built-in trading strategies with backtesting capabilities, as well as support for a variety of trusted exchanges, Coinrule is a robust tool that can aid you in making the most of any trading plan.