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 the point where Coinrule is able to help. Coinrule provides an efficient trading tool that can help traders stick to their cryptocurrency strategy without having to continuously keep track of the market. It’s simple to use even for those without coding knowledge, and provides various features that can take your trading to the next level.
Coinrule was founded in 2017 , in London by a team of crypto and blockchain enthusiasts. The company aims to make trading in cryptocurrency less tedious by providing an automated trading platform that is able to integrate securely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its target.
One of the main features of Coinrule is its easy to use automated trading. The cryptocurrency markets can be extremely volatile, and it is often difficult for traders to keep track of the constantly changing charts. Coinrule allows traders to establish trading rules and then monitors the market and makes trades that fit into their strategy. This means that traders can place their cryptocurrency trading on autopilot and not go through charts for hours.
Coinrule provides integrated trading strategies that traders can choose from. There are more than 150 rules to choose from that make it simple for both novice and experienced traders to choose the best strategy for them. Additionally, traders can pause rules at any time, and they will receive free daily emails with signals for trading that can help them adjust their strategy to the market.
Another great characteristic of Coinrule is its backtesting opportunities. Traders can test out their trading strategy with historical market data by using TradingView. They can select the coin they will be trading and the time frame they want to use and trading strategy and check how many trades the strategy has opened and closed and also the net profit, percentage of profit as well as the maximum drawdown and profit factor. This is a useful instrument to increase 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. So, traders are able to integrate Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Pro, and Trader with a variety of options for traders of all levels. Prices start at $0 and go up to $499.99 per month, and traders can choose to pay each month or annually. Annual plans provide discounts up to 25 percent.
In the end, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the highest possible level. With features such as automatic trading and built-in strategies for trading, backtesting opportunities, and support for multiple trustworthy exchanges, Coinrule can be a powerful instrument that can aid you in making the most out of the trading strategies you employ.