The world of trading cryptocurrency is quite thrilling, but it can also become time-consuming and stressful to many investors. This is the point where Coinrule is able to help. Coinrule provides an efficient trading tool that can help traders adhere to their cryptocurrency strategy without having to constantly monitor the markets. It’s simple to use even for those without coding expertise, and comes with a variety of features that can take trades to the highest level.
Coinrule was founded in 2017 in London by a team of crypto and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrencies more efficient by providing an automated platform for trading that is able to integrate securely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than the amount it had set for.
One of the key features of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be extremely volatile, and it is often challenging for investors to stay up with ever-changing charts. Coinrule lets traders set up trading rules and then analyzes the market and then makes trades that fit into their strategy. This allows traders to place their cryptocurrency trading on autopilot and not look over charts for hours.
Coinrule provides integrated trading strategies that traders can choose from. There are more than 150 trading rules to pick from that make it simple for both novice and experienced traders to choose the best strategy for them. In addition, traders can stop rules at any time and will be sent daily emails that contain trading signals to help them adapt their strategy to the market.
Another excellent aspect of Coinrule is the possibility of backtesting. The traders can test their trading rules by using historical market data in TradingView. They can select the coin they plan to trade and the time frame they want to use and trading strategy and see how many trades the strategy opened and closed, as well as the net profit, the percentage of profit, maximum drawdown, and profit factor. This is a useful tool for increasing the trust of traders in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Pro, and Trader, with a variety of options for traders at all levels. Prices start at $0 and go up through $499.99 per month. traders can choose to pay monthly or annually. The yearly plans offer discounts up to 25 percent.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the next level. With features like automatic trading and built-in strategies for trading with backtesting capabilities, as well as the ability to support multiple trusted exchanges, Coinrule provides a reliable tool that will assist you in making the most out of your trading strategy.