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 is able to help. Coinrule provides an efficient tool for trading that helps traders stick to their cryptocurrency strategy without having to continuously keep track of the market. It’s easy to use, even for those with no programming expertise, and comes with a variety of features that can boost your trading to the next step.
Coinrule was founded in the year 2017 London by a group of cryptocurrency and blockchain enthusiasts. The company aims at making trading cryptocurrencies 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) through Seedrs, over 200% more than its target.
One of the main advantages of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be extremely volatile, and it is often challenging for investors to stay up with constantly 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 means that traders are able to place their cryptocurrency trading up to run on autopilot and not spend hours poring over charts.
Coinrule provides integrated trading strategies that investors can select from. There are more than 150 rules available that make it simple for both experienced and novice traders to choose an approach that is suitable for them. In addition, traders can stop rules at any point, and will be sent daily emails with signals for trading that can help them adjust their strategy to the market.
Another great aspect of Coinrule is its backtesting capabilities. The traders can test their trading strategy with historical market data by using TradingView. They can choose the cryptocurrency they intend to trade as well as the timeframe they wish to trade and trading strategy, and then see how many trades the strategy has opened and closed, as well as profits net, percentage of profitability maximum drawdown, as well as profit factor. This is a useful method to boost confidence of traders in the trading rules they design.
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 integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader, offering different options to traders of all levels. Prices start at $0 and go up through $499.99 per month, and traders can choose to pay either monthly or annually. The yearly plans offer discounts of up to 25%.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the next level. With features such as automated trading, built-in strategies for trading with backtesting capabilities, as well as support for a variety of trusted exchanges, Coinrule provides a reliable tool that will aid you in making the most of your trading strategy.