The world of cryptocurrency trading can be very exciting, but it can also become time-consuming and stressful in the eyes of many trader. This is where Coinrule comes in. Coinrule provides an efficient tool for trading that helps traders stick to their crypto strategy without having to continuously be on the lookout for market trends. It is easy to use even for those with no programming expertise, and comes with many options to take your trading to the highest step.
Coinrule was established in the year 2017 London by a team of crypto and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrencies less tedious by providing an automated trading platform that can integrate safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over its goal.
One of the main advantages of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be extremely volatile, and it can be difficult for traders to keep track of the ever-changing charts. Coinrule lets traders establish trading rules and then analyzes the market and then makes trades that are compatible with their strategy. This means that traders are able to set their cryptocurrency trading up to run on autopilot and not have to go through charts for hours.
Coinrule provides built-in trading strategies that traders can choose from. There are over 150 rules available, making it easy for both novice and experienced traders to find the best strategy for them. Furthermore, traders are able to pause rules at any time and they will receive free daily emails with trading signals that can help them adjust their strategy according to the changing market.
Another great characteristic of Coinrule is its backtesting opportunities. Traders can test out their trading rules by using historical market data in TradingView. You can choose the currency they plan to trade as well as the timeframe they wish to trade and trading strategy and see how many trades the strategy opened and closed, as well as profits net, percentage of profitability maximum drawdown, as well as profit percentage. This can be an effective instrument to increase confidence of traders in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Trader, and Pro, with a variety of options for traders of all levels. Prices start at $0 and go up through $499.99 per month. traders have the option of paying either monthly or annually. The yearly plans offer discounts of up to percent.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest possible level. With features like automatized trading, integrated trading strategies, backtesting opportunities, and support for multiple trustworthy cryptocurrency exchanges Coinrule can be a powerful tool that can assist you in making the most out of the trading strategies you employ.