The world of trading cryptocurrency can be quite exciting, but it can also be time-consuming and overwhelming for many traders. This is the point where Coinrule is able to help. Coinrule provides an efficient tool for trading that helps traders stick to their crypto strategy without having to constantly keep track of the market. It is easy to use, even for people with no programming expertise, and comes with many features that can boost trades to the next level.
Coinrule was established in the year 2017 London by a group of cryptocurrency and blockchain enthusiasts. Its goal is to make trading in cryptocurrency less tedious by providing an automated platform for trading which can be integrated safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over the amount it had set for.
One of the main features of Coinrule is its easy to use automated trading. The cryptocurrency markets can be extremely volatile, and it is often hard for trader to keep up with the ever-changing charts. Coinrule lets traders establish trading rules and then monitors the market and makes trades that are compatible with their strategies. This means that traders can put their cryptocurrency trading on autopilot, and not look over charts for hours.
Coinrule has built-in trading strategies that traders can pick from. There are over 150 trading rules to pick from, making it easy for both novice and experienced traders to find an approach that is suitable for them. Additionally, traders can pause rules at any time and will be sent daily emails with signals for trading that can help them adjust their strategies to market conditions.
Another excellent feature of Coinrule is the possibility of backtesting. The traders can test their trading rules with historical market data by using TradingView. You can choose the currency they will be trading and the time frame they want to use, and the trading strategy and determine how many trades that the strategy opened and closed and also its net profits, percentage of profit maximum drawdown, as well as the profit ratio. This is a useful instrument to increase 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. This means that traders can 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 vary from $0 and up to $499.99 per month. traders are able to pay monthly or annually. Annual plans provide discounts of up to%.
All in all, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest possible level. With features such as automatized trading, integrated trading strategies as well as backtesting options, and the ability to support multiple trusted exchanges, Coinrule provides a reliable instrument that can help you make the most out of your trading strategy.