The world of trading cryptocurrency can be quite exciting however, it can be time-consuming and overwhelming in the eyes of many trader. This is where Coinrule is able to help. Coinrule provides an efficient trading tool that can help traders stick to their crypto strategy without having to continuously be on the lookout for market trends. It is easy to use even for those with no programming expertise, and comes with a variety of options that will take you trading experience to highest level.
Coinrule was founded in 2017 in London by a team of crypto and blockchain enthusiasts. Its goal is to make trading in cryptocurrency easier by offering an automated platform for trading which can be integrated safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over its goal.
One of the key features of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be highly 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 examines the market and make trades that are compatible with their strategies. This allows traders to put their cryptocurrency trading on autopilot and not have to spend hours poring over charts.
Coinrule also offers built-in trading strategies that traders can choose from. There are over 150 rules available, making it easy for both novice and experienced traders to choose the best strategy for them. Furthermore, traders are able to pause rules at any time, and will be sent daily emails that contain trading signals that can help them adjust their strategy according to the changing market.
Another wonderful characteristic of Coinrule is its backtesting opportunities. The traders can test their trading strategies based on historical market data using TradingView. They can choose the cryptocurrency they will be trading and the time frame they want to use 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, and profit percentage. This can be a helpful instrument to increase a trader’s confidence 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 integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader with different options for traders of all levels. Prices vary from $0 through $499.99 per month, and traders have the option of paying monthly or annually. Annual plans provide discounts of up to 25%.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the next level. With features such as automatized trading, integrated strategies for trading as well as backtesting options, and support for a variety of trusted cryptocurrency exchanges Coinrule provides a reliable instrument that can assist you in making the most of the trading strategies you employ.