The world of cryptocurrency trading can be very exciting, but it can also become time-consuming and stressful to many investors. This is where Coinrule comes in. Coinrule is an automated trading tool that helps traders adhere to their cryptocurrency strategy without having to continuously keep track of the market. It is easy to use even for those without coding experience, and offers various options that will take trades to the next level.
Coinrule was founded in 2017 , in London by a group of crypto and blockchain enthusiasts. The company aims at making trading cryptocurrencies easier by offering an automated platform for trading that is able to integrate securely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above its goal.
One of the main features of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be extremely volatile, and it is often difficult for traders to keep up with the ever-changing charts. Coinrule allows traders to create trading rules, and then monitors the market and makes trades that match their strategies. This means that traders are able to put their cryptocurrency trading up to run on autopilot and not spend hours poring over charts.
Coinrule provides built-in trading strategies that traders can pick from. There are more than 150 rules to choose from, making it easy for both new and experienced traders to find a strategy that works for them. In addition, traders can stop rules at any point, and receive daily emails with signals for trading to help them adapt their strategies to market conditions.
Another excellent aspect of Coinrule is its backtesting opportunities. Investors can test their trading rules by using historical market data in TradingView. They can select the coin they plan to trade, the desired time frame as well as the strategy for trading and see how many trades the strategy has opened and closed, as well as the net profit, percentage of profitability as well as the maximum drawdown and the profit ratio. This can be an effective instrument to increase confidence of traders 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. So, traders are able to integrate Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels, 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. traders can choose to pay either monthly or annually. The annual plans can offer discounts of up to percent.
In the end, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest level. With features like automated trading, built-in trading strategies as well as backtesting options, and support for a variety of trusted cryptocurrency exchanges Coinrule can be a powerful instrument that can assist you in making the most out of the trading strategies you employ.