The world of trading in cryptocurrency is quite thrilling, but it can also be time-consuming and overwhelming to many investors. This is where Coinrule is able to help. Coinrule provides an efficient tool for trading that helps traders stick to their cryptocurrency strategy without having to continuously monitor the markets. It is easy to use even for those with no programming experience, and offers a variety of features that can take trades to the next level.
Coinrule was established in 2017 in London by a team of cryptocurrency and blockchain enthusiasts. The company aims at making trading cryptocurrency less tedious by providing an automated trading platform that can integrate safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than its target.
One of the main advantages of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be highly volatile and it can be challenging for investors to stay track of the ever-changing charts. Coinrule lets traders establish trading rules and then examines the market and make trades that fit into their strategies. This means that traders can set their cryptocurrency trading up to run on autopilot and not have to spend hours poring over charts.
Coinrule provides integrated trading strategies that traders can select from. There are more than 150 rules to choose from which makes it simple for both experienced and novice traders to choose an approach that is suitable for them. In addition, traders can stop rules at any time, and will be sent daily emails with trading signals to help them adapt their strategy according to the changing market.
Another great aspect of Coinrule is its backtesting capabilities. Investors can test their trading strategies based on historical market data using TradingView. They can select the coin they plan to trade as well as the timeframe they wish to trade as well as the strategy for trading to see how many trades the strategy has opened and closed, as well as its net profits, the percentage of profitability as well as the maximum drawdown and the profit ratio. This can be a helpful instrument to increase confidence of traders in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges like 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 including Starter, Hobbyist Pro, and Trader with different options for traders at all levels. Prices vary from $0 to $499.99 per month, and traders can choose to pay monthly or annually. The yearly plans offer discounts of up to 25%.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest level. With features such as automatic trading and built-in strategies for trading as well as backtesting options, and the ability to support multiple trusted trading platforms, Coinrule provides a reliable tool that can aid you in making the most of the trading strategies you employ.