The world of cryptocurrency trading can be quite exciting however, it can become time-consuming and stressful for many traders. This is the point where Coinrule comes in. Coinrule provides an efficient trading tool that can help traders stick to their crypto strategy without the need to constantly be on the lookout for market trends. It’s easy to use, even for people with no programming knowledge, and provides various options that will help you take you trading experience to highest step.
Coinrule was founded in 2017 , in London by a group of crypto and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrencies less tedious by providing an automated trading platform that is able to integrate securely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above its goal.
One of the key aspects of Coinrule is the user-friendly automated trading. The market for cryptocurrency is highly volatile and it can be challenging for investors to stay up with constantly changing charts. Coinrule allows traders to establish trading rules and then monitors the market and makes trades that match their strategy. This means that traders can set their cryptocurrency trading to autopilot, and not look over charts for hours.
Coinrule provides integrated trading strategies that investors can pick from. There are more than 150 rules to choose from which makes it simple for both new and experienced traders to find an approach that is suitable for them. Furthermore, traders are able to pause rules at any point, and receive daily emails that contain trading signals to help them adapt their strategies to market conditions.
Another excellent feature of Coinrule is its backtesting opportunities. The traders can test their trading rules with historical market data by using TradingView. You can choose the currency they plan to trade and the time frame they want to use as well as the strategy for trading to see how many trades were opened and closed and also its net profits, the percentage of profitability as well as the maximum drawdown and the profit ratio. This is a useful method to boost the trust of traders in the trading rules they design.
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 connect Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader, offering different options to traders of all levels. Prices vary from $0 through $499.99 per month. traders can choose to pay either monthly or annually. The annual plans can offer discounts of up to 25%.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the next level. With features like automated trading, built-in strategies for trading with backtesting capabilities, as well as support for a variety of trusted trading platforms, Coinrule is a robust instrument that can aid you in making the most of the trading strategies you employ.