The world of trading cryptocurrency can be quite exciting however, it can be time-consuming and overwhelming to many investors. This is where Coinrule comes in. Coinrule provides an efficient tool for trading that helps traders stick to their crypto strategy without the need to constantly monitor the markets. It’s simple to use even for those with no programming knowledge, and provides a variety of options to take you trading experience to next level.
Coinrule was founded in the year 2017 London by a group of blockchain and cryptocurrency enthusiasts. The company aims to make trading in cryptocurrency less tedious by providing an automated trading platform that is able to integrate securely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than its target.
One of the most important features of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is very volatile and it is often hard for trader to keep track of the ever-changing charts. Coinrule lets traders create trading rules, and then monitors the market and makes trades that match their strategies. This means that traders are able to place their cryptocurrency trading to autopilot, and not go through charts for hours.
Coinrule provides built-in trading strategies that traders can select from. There are over 150 trading rules to pick from which makes it simple for both experienced and novice traders to discover a strategy that works for them. Furthermore, traders are able to pause rules at any time, and receive daily emails with trading signals which can assist them in adjusting their strategies to market conditions.
Another wonderful feature of Coinrule is the possibility of backtesting. The traders can test their trading strategy with historical market data by using TradingView. You can choose the currency they will be trading as well as the timeframe they wish to trade and trading strategy and see how many trades the strategy opened and closed and also the net profit, percentage of profit as well as the maximum drawdown and profit factor. This can be a helpful instrument to increase confidence of traders in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Trader, and Pro, with different options for traders at all levels. Prices range from $0 through $499.99 per month. traders have the option of paying 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 possible level. With features such as automatized trading, integrated strategies for trading, backtesting opportunities, and the ability to support multiple trusted trading platforms, Coinrule is a robust instrument that can aid you in making the most of the trading strategies you employ.