The world of trading in cryptocurrency can be very exciting, but it can also be time-consuming and overwhelming to many investors. This is where Coinrule comes in. Coinrule provides an efficient trading tool that can help traders adhere to their cryptocurrency strategy without the need to constantly keep track of the market. It is easy to use even for those without coding experience, and offers a variety of options to take your trading to the next level.
Coinrule was established in 2017 in London by a group of crypto and blockchain enthusiasts. The company aims to make trading in cryptocurrencies more efficient by providing an automated trading platform that is able to integrate securely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above the amount it had set for.
One of the most important aspects of Coinrule is the easy-to-use automated trading system. The cryptocurrency markets can be highly volatile and it is often difficult for traders to keep up with the constantly changing charts. Coinrule lets traders create trading rules, and then analyzes the market and then makes trades that are compatible with their plan of action. This allows traders to put their cryptocurrency trading up to run on autopilot and not have to go through charts for hours.
Coinrule has integrated trading strategies that traders can choose from. There are more than 150 rules available that make it simple for both novice and experienced traders to choose the best strategy for them. Additionally, traders can pause rules at any point, and will be sent daily emails with trading signals which can assist them in adjusting their strategy to the market.
Another great feature of Coinrule is its backtesting capabilities. The traders can test their trading strategies based on historical market data using TradingView. They can choose the cryptocurrency they will be trading and the time frame they want to use as well as the strategy for trading and determine how many trades that the strategy opened and closed, as well as the net profit, the percentage of profit as well as the maximum drawdown and profit factor. This can be a helpful tool for increasing confidence of traders in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader, with different 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 yearly plans offer discounts up to 25%.
In the end, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the next level. With features like automated trading, built-in trading strategies with backtesting capabilities, as well as the ability to support multiple trusted exchanges, Coinrule can be a powerful tool that can help you make the most out of your trading strategy.