The world of trading cryptocurrency can be quite exciting, but it can also become time-consuming and stressful for many traders. This is the point where Coinrule comes in. Coinrule provides an efficient trading tool that helps traders adhere to their cryptocurrency strategy without having to constantly keep track of the market. It’s simple to use even for people with no programming expertise, and comes with various features that can help you take trades to the next step.
Coinrule was established in the year 2017 , in London by a team of cryptocurrency and blockchain enthusiasts. The company aims to make trading in cryptocurrencies less tedious by providing an automated trading platform which can be integrated safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its target.
One of the key aspects of Coinrule is the user-friendly automated trading. The cryptocurrency markets can be extremely volatile, and it can be hard for trader to keep up with constantly changing charts. Coinrule lets traders establish trading rules and then analyzes the market and then makes trades that fit into their strategies. This allows traders to set their cryptocurrency trading up to run on autopilot and not have to go through charts for hours.
Coinrule has built-in trading strategies that traders can pick from. There are over 150 rules available which makes it simple for both new and experienced traders to find an approach that is suitable for them. Additionally, traders can pause rules at any time and they will receive free daily emails that contain trading signals to help them adapt their strategies to market conditions.
Another wonderful feature of Coinrule is its backtesting opportunities. Investors can test their trading rules on historical market data using TradingView. You can choose the currency they plan to trade and the time frame they want to use as well as the strategy for trading and check how many trades were opened and closed and also profits net, the percentage of profit maximum drawdown, as well as the profit ratio. This can be an effective tool for increasing the trust of traders in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to use Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers that include 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. Annual plans provide discounts of 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 next level. With features such as automatic trading and built-in trading strategies with backtesting capabilities, as well as 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.