The world of trading cryptocurrency can be quite exciting, but it can also become time-consuming and stressful in the eyes of many trader. This is the point where Coinrule comes in. Coinrule provides an efficient tool for trading that helps traders adhere to their cryptocurrency strategy without having to continuously keep track of the market. It’s easy to use even for those with no programming expertise, and comes with a variety of features that can take your trading to the next step.
Coinrule was founded in 2017 , in London by a team of cryptocurrency and blockchain enthusiasts. Its goal is at making trading cryptocurrencies more efficient by providing an automated trading platform that can integrate safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its goal.
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 ever-changing charts. Coinrule allows traders to set up 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 spend hours poring over charts.
Coinrule provides integrated trading strategies that traders can choose from. There are over 150 rules available that make it simple for both new and experienced traders to find an approach that is suitable for them. In addition, traders can stop rules at any time and will be sent daily emails that contain trading signals to help them adapt their strategy according to the changing market.
Another excellent characteristic of Coinrule is its backtesting opportunities. Traders can test out their trading strategies based by using historical market data in TradingView. You can choose the currency they intend to trade as well as the timeframe they wish to trade and trading strategy and check how many trades the strategy has opened and closed, as well as its net profits, the percentage of profit as well as the maximum drawdown and the profit ratio. This can be a helpful instrument to increase confidence of traders in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can use Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Trader, and Pro, with a variety of options for traders of all levels. Prices start at $0 and go up and up to $499.99 per month, and traders have the option of paying monthly or annually. Annual plans provide discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the next level. With features such as automatized trading, integrated trading strategies as well as backtesting options, and support for a variety of trusted exchanges, Coinrule is a robust tool that can aid you in making the most of your trading strategy.