The world of trading in cryptocurrency is quite thrilling, but it can also be time-consuming and overwhelming for many traders. This is the point where Coinrule comes in. Coinrule provides an efficient trading tool that can help traders stick to their cryptocurrency strategy without having to continuously monitor the markets. It’s easy to use even for people with no programming knowledge, and provides a variety of options that will take your trading to the next step.
Coinrule was founded in 2017 in London by a group of crypto and blockchain enthusiasts. Its goal is to make trading in cryptocurrency less tedious by providing an automated trading platform that is able to integrate securely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than the amount it had set for.
One of the most important aspects of Coinrule is the easy to use automated trading. The cryptocurrency markets can be very volatile and it is often hard for trader to keep up with the ever-changing charts. Coinrule lets traders establish trading rules and then monitors the market and makes trades that match their strategy. This means that traders can put their cryptocurrency trading on autopilot and not have to go through charts for hours.
Coinrule also offers integrated trading strategies that investors can select from. There are more than 150 rules available which makes it simple for both experienced and novice traders to choose a strategy that works for them. Additionally, traders can pause rules at any time, and receive daily emails with trading signals which can assist them in adjusting their strategy according to the changing market.
Another great characteristic of Coinrule is the possibility of backtesting. The traders can test their trading strategies based by using historical market data in TradingView. You can choose the currency they plan to trade and the time frame they want to use and trading strategy and see how many trades the strategy opened and closed, as well as the net profit, percentage of profit, maximum drawdown, and profit factor. This can be an effective instrument to increase confidence of traders in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Pro, and Trader, offering different options to traders at all levels. Prices start at $0 and go up and up to $499.99 per month. traders have the option of paying either monthly 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 like automatized trading, integrated strategies for trading, backtesting opportunities, and support for a variety of trusted cryptocurrency exchanges Coinrule is a robust instrument that can assist you in making the most out of your trading strategy.