The world of cryptocurrency trading is quite thrilling however, it can be time-consuming and overwhelming for many traders. This is where Coinrule is able to help. Coinrule provides an efficient trading tool that helps traders stick to their cryptocurrency strategy without having to continuously monitor the markets. It is easy to use even for those without coding experience, and offers various options that will boost your trading to the highest level.
Coinrule was established in the year 2017 , in London by a group of cryptocurrency and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrencies less tedious by providing an automated trading platform that can integrate safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above the amount it had set for.
One of the main aspects of Coinrule is the user-friendly automated trading. The markets for cryptocurrency can be extremely volatile, and it can be difficult for traders to keep up with constantly changing charts. Coinrule lets traders set up trading rules and then analyzes the market and then makes trades that are compatible with their strategies. This allows traders to set their cryptocurrency trading to autopilot and not have to go through charts for hours.
Coinrule provides integrated trading strategies that traders can choose from. There are more than 150 rules to choose from which makes it simple for both experienced and novice traders to choose a strategy that works for them. Additionally, traders can pause rules at any point, and will be sent daily emails with signals for trading that can help them adjust their strategy to the market.
Another wonderful aspect of Coinrule is its backtesting capabilities. Traders can test out their trading strategy with historical market data by using TradingView. They can select the coin they will be trading and the time frame they want to use and trading strategy, and then see how many trades were opened and closed, as well as the net profit, the percentage of profit as well as the maximum drawdown and profit factor. This can be an effective instrument to increase the trust of traders in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Pro, and Trader, offering different options to traders of all levels. Prices vary from $0 to $499.99 per month, and traders are able to pay each month or annually. The yearly plans offer discounts of up to percent.
All in all, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the next level. With features such as automated trading, built-in trading strategies, backtesting opportunities, and support for multiple trustworthy trading platforms, Coinrule can be a powerful tool that can aid you in making the most out of any trading plan.