The world of cryptocurrency trading is quite thrilling, but it can also be time-consuming and overwhelming to many investors. This is the point where Coinrule comes in. Coinrule provides an efficient trading tool that helps traders stick to their crypto strategy without the need to constantly be on the lookout for market trends. It’s easy to use even for people with no programming experience, and offers a variety of options to help you take you trading experience to next step.
Coinrule was established in the year 2017 in London by a group of cryptocurrency and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrency more efficient by providing an automated platform for trading which can be integrated safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above its goal.
One of the key advantages of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is very volatile and it can be hard for trader 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 set their cryptocurrency trading to autopilot and not have to go through charts for hours.
Coinrule also offers built-in trading strategies that traders can choose from. There are over 150 rules available 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 point, and receive daily emails with trading signals which can assist them in adjusting their strategy according to the changing market.
Another great aspect of Coinrule is its backtesting capabilities. The traders can test their trading rules by using historical market data in TradingView. You can choose the currency they will be trading and the time frame they want to use, and the trading strategy to see how many trades the strategy opened and closed in addition to profits net, percentage of profit, maximum drawdown, and profit percentage. This can be an effective method to boost 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 integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Pro, and Trader, with a variety of options for traders of all levels. Prices vary from $0 and up to $499.99 per month, and traders have the option of paying monthly or annually. The yearly plans offer discounts of up to percent.
In the end, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest level. With features such as automatized trading, integrated trading strategies as well as backtesting options, and support for multiple trustworthy cryptocurrency exchanges Coinrule is a robust tool that will assist you in making the most of the trading strategies you employ.