The world of trading in cryptocurrency can be quite exciting however, it can be time-consuming and overwhelming in the eyes of many trader. This is where Coinrule comes in. 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 people with no programming knowledge, and provides various options that will boost your trading to the next level.
Coinrule was founded in 2017 , in London by a group of cryptocurrency and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrency easier by offering an automated platform for trading that can integrate safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above its goal.
One of the main advantages of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be extremely volatile, and it is often challenging for investors to stay up with constantly changing charts. Coinrule lets traders 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 set their cryptocurrency trading up to run on autopilot and not have to go through charts for hours.
Coinrule also offers built-in trading strategies that traders can choose from. There are over 150 rules to choose from which makes it simple for both novice and experienced traders to find the best strategy for them. Furthermore, traders are able to pause rules at any point, and will be sent daily emails with signals for trading to help them adapt their strategy according to the changing market.
Another wonderful feature of Coinrule is its backtesting opportunities. The traders can test their trading strategy by using historical market data in TradingView. They can choose the cryptocurrency they will be trading, the desired time frame as well as the strategy for trading to see how many trades the strategy has opened and closed, as well as its net profits, percentage of profit as well as the maximum drawdown and profit percentage. This is a useful tool for increasing confidence of traders in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Pro, and Trader, with a variety of options for traders at all levels. Prices vary from $0 to $499.99 per month, and traders are able to pay each month or annually. The yearly plans offer discounts of up to percent.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the highest level. With features such as automatized trading, integrated strategies for trading as well as backtesting options, and support for multiple trustworthy exchanges, Coinrule can be a powerful tool that will aid you in making the most out of the trading strategies you employ.