The world of cryptocurrency trading can be quite exciting however, it can become time-consuming and stressful for many traders. This is where Coinrule is able to help. Coinrule provides an efficient tool for trading that helps traders adhere to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It’s simple to use, even for those without coding expertise, and comes with a variety of options to take your trading to the highest level.
Coinrule was established in 2017 , in London by a group of blockchain and cryptocurrency enthusiasts. The company aims create a system that makes trading cryptocurrency 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) through Seedrs, more than 200% above its target.
One of the main aspects of Coinrule is the easy-to-use automated trading system. The market for cryptocurrency is very volatile and it is often challenging for investors to stay track of the constantly changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that are compatible with their plan of action. This means that traders are able to set their cryptocurrency trading to autopilot, and not spend hours poring over charts.
Coinrule also offers built-in trading strategies that traders can select from. There are over 150 trading rules to pick from, making it easy for both experienced and novice traders to choose an approach that is suitable for them. Furthermore, traders are able to pause rules at any time and receive daily emails with signals for trading which can assist them in adjusting their strategies to market conditions.
Another excellent aspect of Coinrule is its backtesting capabilities. Investors can test their trading rules with historical market data by using TradingView. They can choose the cryptocurrency they intend to trade, the desired time frame, and the trading strategy, and then check how many trades were opened and closed and also its net profits, percentage of profitability, maximum drawdown, and the profit ratio. This can be a helpful instrument to increase confidence of traders in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Pro, and Trader, offering different options to traders at all levels. Prices start at $0 and go up through $499.99 per month, and traders can choose to pay monthly or annually. Annual plans provide discounts up to 25%.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest level. With features like automatic trading and built-in trading strategies with backtesting capabilities, as well as support for multiple trustworthy trading platforms, Coinrule is a robust tool that will aid you in making the most out of the trading strategies you employ.