The world of cryptocurrency trading is quite thrilling, but it can also become time-consuming and stressful for many traders. This is the point where Coinrule comes in. Coinrule provides an efficient trading tool that helps traders stick to their crypto strategy without the need to constantly keep track of the market. It is easy to use even for those with no programming experience, and offers various options to take you trading experience to highest step.
Coinrule was founded in 2017 in London by a group of blockchain and cryptocurrency enthusiasts. Its goal is to make trading in cryptocurrencies less tedious by providing an automated platform for trading that can integrate safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above the amount it had set for.
One of the main advantages of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be highly volatile and it is often hard for trader to keep track of the constantly changing charts. Coinrule lets traders set up trading rules and then monitors the market and makes trades that match their strategies. This means that traders are able to place their cryptocurrency trading to autopilot and not go through charts for hours.
Coinrule has integrated trading strategies that traders can select from. There are more than 150 trading rules to pick from which makes it simple for both new and experienced traders to choose an approach that is suitable for them. Furthermore, traders are able to pause rules at any point, and receive daily emails with trading signals to help them adapt their strategy to the market.
Another great aspect of Coinrule is its backtesting opportunities. The traders can test their trading strategies based with historical market data by using TradingView. They can select the coin they intend to trade and the time frame they want to use and trading strategy and check how many trades the strategy has opened and closed and also profits net, percentage of profitability as well as the maximum drawdown and the profit ratio. This can be a helpful method to boost confidence of traders in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, such as 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 tiers, Starter, Hobbyist, Trader, and Pro, with different options for traders at all levels. Prices vary from $0 to $499.99 per month, and traders can choose to pay each month or annually. The yearly plans offer discounts up to 25 percent.
In the end, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the next level. With features like automatized trading, integrated strategies for trading, backtesting opportunities, and support for a variety of trusted cryptocurrency exchanges Coinrule can be a powerful tool that will help you make the most of the trading strategies you employ.