The world of trading in cryptocurrency can be quite exciting, but it can also be time-consuming and overwhelming for many traders. This is where Coinrule is able to help. Coinrule provides an efficient trading tool that can help traders stick to their cryptocurrency strategy without having to continuously keep track of the market. It’s simple to use, even for those with no programming expertise, and comes with many options that will help you take you trading experience to next level.
Coinrule was established in the year 2017 , in London by a team of cryptocurrency and blockchain enthusiasts. The company’s mission is at making trading cryptocurrency less tedious by providing an automated trading platform that can integrate safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its goal.
One of the main aspects of Coinrule is the easy-to-use automated trading system. The market for cryptocurrency is very volatile and it is often hard for trader to keep up with constantly changing charts. Coinrule allows traders to create trading rules, and then monitors the market and makes trades that are compatible with their plan of action. This means that traders can set their cryptocurrency trading up to run on autopilot and not have to look over charts for hours.
Coinrule has built-in trading strategies that traders can pick from. There are more than 150 trading rules to pick from, making it easy for both new and experienced traders to choose a strategy that works for them. Additionally, traders can pause rules at any point, and will be sent daily emails with trading signals which can assist them in adjusting their strategies to market conditions.
Another excellent feature of Coinrule is the possibility of backtesting. 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 as well as the strategy for trading to determine how many trades that the strategy opened and closed in addition to profits net, the percentage of profitability as well as the maximum drawdown and the profit ratio. This is a useful tool for increasing confidence 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. So, traders are able to 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 start at $0 and go up and up to $499.99 per month. traders can choose to pay either monthly or annually. The yearly plans offer discounts of up to%.
All in all, 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 strategies for trading as well as backtesting options, and the ability to support multiple trusted exchanges, Coinrule is a robust tool that will aid you in making the most of the trading strategies you employ.