The world of trading cryptocurrency is quite thrilling However, it can become time-consuming and stressful to many investors. This is the point where Coinrule is able to help. Coinrule provides an efficient trading tool that can help traders adhere to their cryptocurrency strategy without the need to constantly monitor the markets. It is easy to use even for people with no programming knowledge, and provides many options to help you take trades to the next level.
Coinrule was founded in 2017 , in London by a group of crypto and blockchain enthusiasts. Its goal is at making trading cryptocurrency less tedious by providing an automated platform for trading that is able to integrate securely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above the amount it had set for.
One of the key aspects of Coinrule is the easy to use automated trading. The market for cryptocurrency is extremely volatile, and it can be difficult for traders to keep track of the ever-changing charts. Coinrule allows traders to set up trading rules and then analyzes the market and then makes trades that match their strategy. This means that traders are able to set their cryptocurrency trading to autopilot and not look over charts for hours.
Coinrule also offers built-in trading strategies that traders can select from. There are over 150 rules to choose from, making it easy for both experienced and novice traders to find a strategy that works for them. Additionally, traders can pause rules at any time and will be sent daily emails that contain trading signals that can help them adjust their strategies to market conditions.
Another great characteristic of Coinrule is the possibility of backtesting. The traders can test their trading strategies based on historical market data using TradingView. You can choose the currency they intend to trade as well as the timeframe they wish to trade as well as the strategy for trading to determine how many trades that the strategy opened and closed and also profits net, the percentage of profit maximum drawdown, as well as profit factor. This is a useful method to boost confidence of traders in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader offering different options to traders at all levels. Prices start at $0 and go up through $499.99 per month. traders are able to pay either monthly or annually. The yearly plans offer discounts up to 25 percent.
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 automatic trading and built-in strategies for trading with backtesting capabilities, as well as support for a variety of trusted trading platforms, Coinrule can be a powerful tool that can assist you in making the most out of your trading strategy.