The world of trading cryptocurrency can be quite exciting however, it can be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule comes in. Coinrule provides an efficient trading tool that can help traders adhere to their cryptocurrency strategy without the need to constantly monitor the markets. It’s simple to use even for those without coding knowledge, and provides many features that can boost trades to the highest level.
Coinrule was founded in 2017 , in London by a team of cryptocurrency and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrency easier by offering an automated platform for trading that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above its target.
One of the key advantages of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be extremely volatile, and it can be challenging for investors to stay up with the constantly changing charts. Coinrule allows traders to set up trading rules and then examines the market and make trades that are compatible with their strategies. This allows traders to place their cryptocurrency trading on autopilot and not go through charts for hours.
Coinrule also offers built-in trading strategies that traders can choose from. There are more than 150 rules available, making it easy for both novice and experienced traders to choose an approach that is suitable for them. In addition, traders can stop rules at any point, and receive daily emails with signals for trading which can assist them in adjusting their strategy according to the changing market.
Another wonderful feature of Coinrule is its backtesting opportunities. Investors can test their trading strategies based on historical market data using TradingView. You can choose the currency they plan to trade and the time frame they want to use as well as the strategy for trading and see how many trades the strategy opened and closed in addition to its net profits, the percentage of profit maximum drawdown, as well as profit percentage. This can be a helpful 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 use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Trader, and Pro, with different options for traders of all levels. Prices start at $0 and go up 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 convenient experience that can boost your cryptocurrency trading experience to the highest level. With features such as automatized trading, integrated strategies for trading, backtesting opportunities, and the ability to support multiple trusted cryptocurrency exchanges Coinrule provides a reliable instrument that can help you make the most of your trading strategy.