The world of trading in cryptocurrency can be very exciting however, it can be time-consuming and overwhelming for many traders. This is where Coinrule comes in. Coinrule provides an efficient tool for trading that helps traders stick to their cryptocurrency strategy without having to continuously keep track of the market. It is easy to use even for those with no programming knowledge, and provides many options to take trades to the next level.
Coinrule was founded in 2017 , in London by a team of cryptocurrency and blockchain enthusiasts. The company aims at making trading cryptocurrencies more efficient 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) on Seedrs, over 200% more than its goal.
One of the most important aspects of Coinrule is the easy-to-use automated trading system. The cryptocurrency markets can be highly volatile and it can be challenging for investors to stay track of the constantly changing charts. Coinrule allows traders to establish trading rules and then analyzes the market and then makes trades that fit into their plan of action. This means that traders can put their cryptocurrency trading up to run on autopilot and not look over charts for hours.
Coinrule also offers integrated trading strategies that investors can pick from. There are over 150 rules available, making it easy for both experienced and novice traders to choose an approach that is suitable for them. Furthermore, traders are able to pause rules at any point, and receive daily emails that contain trading signals which can assist them in adjusting their strategy to the market.
Another excellent feature of Coinrule is the possibility of backtesting. The traders can test their trading rules with historical market data by using TradingView. They can select the coin they intend to trade and the time frame they want to use as well as the strategy for trading to see how many trades were opened and closed, as well as the net profit, percentage of profit as well as the maximum drawdown and profit percentage. This can be a helpful method to boost the trust of traders in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to use Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader with a variety of options for traders of all levels. Prices range from $0 to $499.99 per month. traders can choose to pay each month or annually. The annual plans can offer discounts up to 25%.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the next level. With features like automated trading, built-in strategies for trading with backtesting capabilities, as well as the ability to support multiple trusted exchanges, Coinrule is a robust tool that can assist you in making the most out of any trading plan.