The world of cryptocurrency trading can be quite exciting however, it can be time-consuming and overwhelming for many traders. This is the point where Coinrule is able to help. Coinrule provides an efficient trading tool that can help traders stick to their crypto strategy without the need to constantly monitor the markets. It’s simple to use, even for those with no programming knowledge, and provides various features that can help you take trades to the next step.
Coinrule was established in the year 2017 London by a group of cryptocurrency and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrencies easier by offering an automated trading platform which can be integrated safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than the amount it had set for.
One of the key features of Coinrule is its easy to use automated trading. The cryptocurrency markets can be highly volatile and it is often challenging for investors to stay up with the constantly changing charts. Coinrule allows traders to establish trading rules and then analyzes the market and then makes trades that match their strategy. This means that traders can set their cryptocurrency trading on autopilot, and not look over charts for hours.
Coinrule provides integrated trading strategies that investors can pick from. There are more than 150 rules available which makes it simple for both new and experienced traders to discover the best strategy for them. Furthermore, traders are able to pause rules at any time and receive daily emails with trading signals which can assist them in adjusting their strategies to market conditions.
Another great feature of Coinrule is its backtesting capabilities. Investors can test their trading rules with historical market data by using TradingView. They can select the coin they intend to trade, the desired time frame as well as the strategy for trading to check how many trades the strategy has opened and closed in addition to profits net, percentage of profitability maximum drawdown, as well as profit factor. This can be a helpful tool for increasing the trust of traders in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to use Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Pro, and Trader, with different options for traders of all levels. Prices vary from $0 through $499.99 per month, and traders can choose to pay each month or annually. The yearly plans offer discounts up to 25 percent.
All in all, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the next level. With features like automated trading, built-in trading strategies as well as backtesting options, and support for multiple trustworthy cryptocurrency exchanges Coinrule is a robust tool that will help you make the most out of the trading strategies you employ.