The world of cryptocurrency trading can be very exciting, but it can also become time-consuming and stressful for many traders. 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 constantly monitor the markets. It’s simple to use, even for people with no programming experience, and offers many features that can boost trades to the next level.
Coinrule was founded in 2017 in London by a group of crypto and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrencies easier by offering an automated platform for trading which can be integrated safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than the amount it had set for.
One of the key features of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be extremely volatile, and it can be hard for trader to keep up with the ever-changing charts. Coinrule lets traders set up trading rules and then analyzes the market and then makes trades that are compatible with their plan of action. This means that traders are able to put their cryptocurrency trading to autopilot and not have to look over charts for hours.
Coinrule also offers integrated trading strategies that investors can pick from. There are more than 150 rules available which makes it simple for both new and experienced traders to choose a strategy that works for them. In addition, traders can stop rules at any time, and receive daily emails that contain trading signals which can assist them in adjusting their strategy to the market.
Another excellent aspect of Coinrule is its backtesting capabilities. Investors can test their trading strategy on historical market data using TradingView. You can choose the currency they will be trading as well as the timeframe they wish to trade, and the trading strategy to determine how many trades that the strategy has opened and closed in addition to the net profit, percentage of profit maximum drawdown, as well as profit percentage. This can be a helpful instrument to increase the trust of traders in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can integrate Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels 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, and traders can choose to pay each month or annually. The annual plans can offer discounts up to 25 percent.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest level. With features such as automatic trading and built-in trading strategies, backtesting opportunities, and support for multiple trustworthy cryptocurrency exchanges Coinrule provides a reliable tool that will assist you in making the most of your trading strategy.