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 the point where Coinrule comes in. Coinrule provides an efficient trading tool that can help traders stick to their crypto strategy without having to continuously keep track of the market. It is easy to use, even for people with no programming knowledge, and provides a variety of options to take you trading experience to highest level.
Coinrule was established in the year 2017 in London by a team of crypto and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrencies less tedious by providing an automated platform for trading that can integrate safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its target.
One of the main aspects of Coinrule is the easy to use automated trading. The market for cryptocurrency is very volatile and it is often challenging for investors to stay up with the ever-changing charts. Coinrule allows traders to create trading rules, and then analyzes the market and then makes trades that match their plan of action. This allows traders to put their cryptocurrency trading up to run on autopilot, and not spend hours poring over charts.
Coinrule has integrated trading strategies that investors can pick from. There are over 150 rules to choose from which makes it simple for both experienced and novice traders to discover the best strategy for them. In addition, traders can stop rules at any time and will be sent daily emails with signals for trading that can help them adjust their strategies to market conditions.
Another great feature of Coinrule is its backtesting capabilities. Investors can test their trading strategy with historical market data by using TradingView. You can choose the currency they will be trading and the time frame they want to use, and the trading strategy and determine how many trades that were opened and closed in addition to the net profit, percentage of profitability, maximum drawdown, and profit percentage. This can be an effective instrument to increase confidence of traders in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges, including 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 including Starter, Hobbyist Trader, and Pro, with different options for traders of all levels. Prices vary from $0 and up to $499.99 per month, and traders can choose to pay monthly or annually. The annual plans can offer discounts of up to percent.
Overall, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest possible level. With features such as automatic trading and built-in trading strategies as well as backtesting options, and the ability to support multiple trusted exchanges, Coinrule can be a powerful tool that can assist you in making the most out of your trading strategy.