The world of cryptocurrency trading can be quite exciting, but it can also be time-consuming and overwhelming in the eyes of many trader. This is where Coinrule is able to help. Coinrule provides an efficient tool for trading that helps traders adhere to their cryptocurrency strategy without having to continuously monitor the markets. It’s easy to use even for people with no programming knowledge, and provides many options that will help you take your trading to the next step.
Coinrule was founded in the year 2017 London by a team of crypto and blockchain enthusiasts. The company aims to make trading in cryptocurrency more efficient by providing an automated platform for trading that can integrate safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over its target.
One of the main aspects of Coinrule is the easy-to-use automated trading system. The markets for cryptocurrency can be extremely volatile, and it can be challenging for investors to stay up with the constantly changing charts. Coinrule lets traders set up trading rules and then analyzes the market and then makes trades that fit into their strategies. This allows traders to put their cryptocurrency trading to autopilot and not have to spend hours poring over charts.
Coinrule also offers integrated trading strategies that traders can pick from. There are over 150 rules to choose from, making it easy for both new and experienced traders to discover the best strategy for them. In addition, traders can stop rules at any point, and receive daily emails that contain trading signals which can assist them in adjusting their strategies to market conditions.
Another great aspect of Coinrule is its backtesting opportunities. The traders can test their trading strategy by using historical market data in TradingView. You can choose the currency they will be trading, the desired time frame as well as the strategy for trading, and then see how many trades the strategy opened and closed in addition to its net profits, the percentage of profitability as well as the maximum drawdown and profit percentage. This is a useful method to boost the trust of traders in the trading rules they create.
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 integrate Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Pro, and Trader, offering different options to traders of all levels. Prices vary 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%.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the next level. With features like automatic trading and built-in trading strategies as well as backtesting options, and support for a variety of trusted exchanges, Coinrule provides a reliable tool that will aid you in making the most out of your trading strategy.