The world of trading cryptocurrency can be very exciting, but it can also be time-consuming and overwhelming for many traders. This is the point where Coinrule is able to help. Coinrule provides an efficient tool for trading that helps traders stick to their cryptocurrency strategy without having to constantly be on the lookout for market trends. It’s simple to use even for those without coding expertise, and comes with various features that can take trades to the next step.
Coinrule was founded in 2017 in London by a team of crypto and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrency less tedious by providing an automated trading platform which can be integrated safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above the amount it had set for.
One of the main aspects of Coinrule is the easy to use automated trading. The cryptocurrency markets can be very volatile and it can be challenging for investors to stay up with constantly changing charts. Coinrule lets traders create trading rules, and then monitors the market and 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 integrated trading strategies that traders can select from. There are over 150 trading rules to pick from, making it easy for both novice and experienced traders to choose the best strategy for them. In addition, traders can stop rules at any time and receive daily emails with trading signals to help them adapt their strategy according to the changing market.
Another great characteristic of Coinrule is the possibility of backtesting. Traders can test out their trading rules with historical market data by using TradingView. You can choose the currency they will be trading and the time frame they want to use and trading strategy to see how many trades the strategy has opened and closed, as well as the net profit, the percentage of profit, maximum drawdown, and the profit ratio. This can be a helpful instrument to increase a trader’s confidence in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, including 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 levels, Starter, Hobbyist, Pro, and Trader with different options for traders at all levels. Prices range from $0 and up to $499.99 per month, and traders have the option of paying each month or annually. The annual plans can offer discounts of up to percent.
All in all, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the next level. With features such as automated trading, built-in strategies for trading as well as backtesting options, and the ability to support multiple trusted cryptocurrency exchanges Coinrule provides a reliable tool that can help you make the most out of any trading plan.