The world of trading cryptocurrency can be quite exciting however, it can be time-consuming and overwhelming to many investors. This is 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 those without coding knowledge, and provides various options that will help you take trades to the highest level.
Coinrule was founded in the year 2017 London by a team of blockchain and cryptocurrency enthusiasts. The company aims to make trading in cryptocurrencies easier by offering an automated platform for trading that can integrate safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over its target.
One of the key aspects of Coinrule is the easy-to-use automated trading system. The cryptocurrency markets can be highly volatile and it can be difficult for traders to keep up with constantly changing charts. Coinrule lets traders create trading rules, and then analyzes the market and then makes trades that match their plan of action. This means that traders can put their cryptocurrency trading up to run on autopilot, and not spend hours poring over charts.
Coinrule has built-in trading strategies that traders can choose from. There are more than 150 rules available which makes it simple for both novice and experienced traders to find a strategy that works for them. Additionally, traders can pause rules at any time, and will be sent daily emails with signals for trading to help them adapt their strategy according to the changing market.
Another great feature of Coinrule is the possibility of backtesting. Traders can test out their trading strategies based with historical market data by using TradingView. You can choose the currency they plan to trade, the desired time frame and trading strategy and see how many trades the strategy has opened and closed in addition to profits net, the percentage of profit as well as the maximum drawdown and the profit ratio. This is a useful tool for increasing the trust of traders in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges like 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 levels that include Starter, Hobbyist Pro, and Trader with a variety of options for traders at all levels. Prices start at $0 and go up through $499.99 per month. traders are able to pay each month or annually. The yearly plans offer discounts of up to percent.
Overall, 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 support for multiple trustworthy exchanges, Coinrule is a robust instrument that can help you make the most out of the trading strategies you employ.