The world of trading in cryptocurrency is quite thrilling however, it can become time-consuming and stressful for many traders. This is where Coinrule comes in. Coinrule provides an efficient tool for trading that helps traders stick to their cryptocurrency strategy without having to continuously keep track of the market. It’s easy to use, even for those with no programming expertise, and comes with a variety of options to boost your trading to the next level.
Coinrule was founded in 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 platform for trading that can integrate safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over the amount it had set for.
One of the key aspects of Coinrule is the easy-to-use automated trading system. The cryptocurrency markets can be extremely volatile, and it is often hard for trader to keep up with ever-changing charts. Coinrule lets traders establish trading rules and then monitors the market and makes trades that match their plan of action. This means that traders can set their cryptocurrency trading to autopilot and not have to go through charts for hours.
Coinrule provides integrated trading strategies that traders can choose from. There are over 150 rules available, making it easy for both new and experienced traders to find an approach that is suitable for them. Furthermore, traders are able to pause rules at any time, and will be sent daily emails with trading signals which can assist them in adjusting their strategy according to the changing market.
Another excellent feature of Coinrule is the possibility of backtesting. Traders can test out their trading strategy on historical market data using TradingView. They can select the coin they intend to trade as well as the timeframe they wish to trade as well as the strategy for trading and check how many trades were opened and closed in addition to profits net, percentage of profitability, maximum drawdown, and the profit ratio. This can be a helpful method to boost the trust of traders in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader, offering different options to traders at all levels. Prices start at $0 and go up to $499.99 per month. traders have the option of paying monthly or annually. The yearly plans offer discounts of up to 25 percent.
Overall, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the next level. With features like automatic trading and built-in strategies for trading as well as backtesting options, and the ability to support multiple trusted trading platforms, Coinrule can be a powerful tool that will aid you in making the most out of your trading strategy.