The world of trading in cryptocurrency is quite thrilling however, it can become time-consuming and stressful in the eyes of many trader. This is where Coinrule is able to help. Coinrule provides an efficient trading tool that can help traders adhere to their cryptocurrency strategy without having to continuously keep track of the market. It’s easy to use even for those without coding knowledge, and provides various features that can boost trades to the next step.
Coinrule was established in 2017 , in London by a group of crypto and blockchain enthusiasts. Its goal is to make trading in cryptocurrency easier by offering an automated platform for trading which can be integrated safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over its target.
One of the most important aspects of Coinrule is the easy to use automated trading. The cryptocurrency markets can be highly volatile and it is often hard for trader to keep up with constantly changing charts. Coinrule allows traders to set up trading rules and then analyzes the market and then makes trades that match their plan of action. This allows traders to place their cryptocurrency trading up to run on autopilot and not have to go through charts for hours.
Coinrule provides integrated trading strategies that traders can select from. There are over 150 trading rules to pick from that make it simple for both new and experienced traders to find a strategy that works for them. Furthermore, traders are able to pause rules at any point, and will be sent daily emails that contain trading signals to help them adapt their strategy to the market.
Another great feature of Coinrule is the possibility of backtesting. Investors can test their trading rules on historical market data using TradingView. They can choose the cryptocurrency they plan to trade, the desired time frame and trading strategy, and then see how many trades the strategy opened and closed in addition to the net profit, percentage of profitability, maximum drawdown, and profit percentage. This can be an effective tool for increasing a trader’s confidence in the trading rules they create.
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 integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader, with different options for traders of all levels. Prices range from $0 through $499.99 per month. traders are able to pay each month or annually. The annual plans can offer discounts of up to%.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest possible level. With features like automatized trading, integrated trading strategies, backtesting opportunities, and the ability to support multiple trusted exchanges, Coinrule provides a reliable instrument that can help you make the most of the trading strategies you employ.