The world of trading cryptocurrency can be very exciting however, it can become time-consuming and stressful for many traders. This is the point where Coinrule is able to help. Coinrule provides an efficient trading tool that helps traders adhere to their cryptocurrency strategy without the need to constantly keep track of the market. It’s simple to use, even for people with no programming knowledge, and provides a variety of options that will take your trading to the highest level.
Coinrule was established in 2017 , in London by a group of cryptocurrency and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrency easier by offering an automated platform for trading which can be integrated safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its goal.
One of the key features of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be very volatile and it is often challenging for investors to stay up with the constantly changing charts. Coinrule allows traders to create trading rules, and then examines the market and make trades that are compatible with their plan of action. This means that traders are able to place their cryptocurrency trading to autopilot, and not go through charts for hours.
Coinrule provides integrated trading strategies that investors can choose from. There are over 150 trading rules to pick from which makes it simple for both novice and experienced traders to choose the best strategy for them. Furthermore, traders are able to pause rules at any time, and receive daily emails that contain trading signals to help them adapt their strategies to market conditions.
Another great feature of Coinrule is its backtesting capabilities. The traders can test their trading strategy on historical market data using TradingView. You can choose the currency they will be trading, the desired time frame, and the trading strategy, and then check how many trades were opened and closed in addition to the net profit, the percentage of profitability as well as the maximum drawdown and profit percentage. This can be an effective instrument to increase confidence of traders in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Pro, and Trader offering different options to traders at all levels. Prices vary from $0 to $499.99 per month. traders are able to pay monthly or annually. The yearly plans offer discounts up to 25 percent.
All in all, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest level. With features like automated trading, 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 of the trading strategies you employ.