The world of cryptocurrency trading can be very exciting however, it can become time-consuming and stressful in the eyes of many trader. This is where Coinrule comes in. Coinrule provides an efficient trading tool that can help traders stick to their crypto strategy without having to constantly keep track of the market. It’s simple to use even for people with no programming knowledge, and provides many features that can help you take trades to the next step.
Coinrule was established in the year 2017 , in London by a team of crypto and blockchain enthusiasts. Its goal is at making trading cryptocurrency more efficient by providing an automated trading platform that is able to integrate securely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its target.
One of the key features of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be very volatile and it is often difficult for traders to keep up with the ever-changing charts. Coinrule allows traders to establish trading rules and then analyzes the market and then makes trades that fit into their strategies. This allows traders to place their cryptocurrency trading up to run on autopilot, and not spend hours poring over charts.
Coinrule also offers integrated trading strategies that investors can choose from. There are over 150 rules to choose from that make it simple for both experienced and novice traders to choose an approach that is suitable for them. Additionally, traders can pause rules at any time and they will receive free daily emails with trading signals that can help them adjust their strategy according to the changing market.
Another great feature of Coinrule is its backtesting opportunities. The traders can test their trading strategies based by using historical market data in TradingView. They can choose the cryptocurrency they plan to trade as well as the timeframe they wish to trade and trading strategy and determine how many trades that the strategy opened and closed, as well as profits net, the percentage of profit as well as the maximum drawdown and profit factor. This can be a helpful method to boost a trader’s confidence in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can connect Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Pro, and Trader, with different options for traders at all levels. Prices vary from $0 and up to $499.99 per month, and traders have the option of paying either monthly or annually. The yearly plans offer discounts of up to 25 percent.
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 automatized trading, integrated strategies for trading with backtesting capabilities, as well as support for a variety of trusted cryptocurrency exchanges Coinrule can be a powerful instrument that can aid you in making the most out of the trading strategies you employ.