The world of cryptocurrency trading can be very exciting, but it can also become time-consuming and stressful for many traders. This is where Coinrule comes in. Coinrule provides an efficient trading tool that helps traders stick to their cryptocurrency strategy without the need to constantly be on the lookout for market trends. It’s easy to use, even for those with no programming expertise, and comes with a variety of options that will boost trades to the highest step.
Coinrule was founded in the year 2017 London by a group of blockchain and cryptocurrency enthusiasts. The company’s mission is create a system that makes trading cryptocurrencies less tedious by providing an automated trading platform which can be integrated safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above its goal.
One of the key aspects of Coinrule is the easy-to-use automated trading system. The cryptocurrency markets can be highly volatile and it is often hard for trader to keep track of the ever-changing charts. Coinrule lets traders create trading rules, and then analyzes the market and then makes 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 go through charts for hours.
Coinrule also offers built-in trading strategies that traders can pick from. There are more than 150 rules to choose from, making it easy for both new and experienced traders to discover an approach that is suitable for them. Additionally, traders can pause rules at any time, and receive daily emails that contain trading signals that can help them adjust their strategies to market conditions.
Another great characteristic of Coinrule is its backtesting capabilities. Traders can test out their trading strategy with historical market data by using TradingView. They can choose the cryptocurrency they plan to trade and the time frame they want to use and trading strategy and see how many trades the strategy has opened and closed, as well as its net profits, percentage of profit maximum drawdown, as well as the profit ratio. This can be an effective instrument to increase 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. This means that traders can connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader, offering different options to traders at all levels. Prices range from $0 to $499.99 per month, and traders have the option of paying monthly or annually. The yearly plans offer discounts up to 25%.
Overall, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the highest level. With features such as automatic trading and built-in strategies for trading as well as backtesting options, and the ability to support multiple trusted cryptocurrency exchanges Coinrule is a robust instrument that can help you make the most out of your trading strategy.