The world of cryptocurrency trading can be quite exciting, but it can also become time-consuming and stressful for many traders. This is where Coinrule is able to help. Coinrule can be described as an automatic trading tool that can help traders stick to their cryptocurrency strategy without having to constantly monitor the markets. It is easy to use, even for people with no programming knowledge, and provides a variety of options that will help you take your trading to the next step.
Coinrule was founded in 2017 in London by a group of blockchain and cryptocurrency enthusiasts. Its goal is 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 of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over the amount it had set for.
One of the key aspects of Coinrule is the user-friendly automated trading. The markets for cryptocurrency can be highly volatile and it is often hard for trader to keep up with the ever-changing charts. Coinrule allows traders to establish trading rules and then analyzes the market and then makes trades that are compatible with their strategies. This means that traders are able to put their cryptocurrency trading on autopilot and not go through charts for hours.
Coinrule provides integrated trading strategies that traders can choose from. There are over 150 rules available that make it simple for both new and experienced traders to discover an approach that is suitable for them. In addition, traders can stop rules at any point, and will be sent daily emails with trading signals that can help them adjust their strategies to market conditions.
Another wonderful characteristic of Coinrule is the possibility of backtesting. Traders can test out their trading strategy on historical market data using TradingView. They can choose the cryptocurrency they intend to trade, the desired time frame and trading strategy to determine how many trades that were opened and closed and also profits net, the percentage of profitability, maximum drawdown, and profit factor. This can be a helpful tool for increasing confidence of traders in the trading rules they create.
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, Starter, Hobbyist, Pro, and Trader offering different options to traders of all levels. Prices start at $0 and go up and up to $499.99 per month. traders have the option of paying either monthly or annually. Annual plans provide discounts of up to 25%.
In the end, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest possible level. With features like automatic trading and built-in strategies for trading as well as backtesting options, and support for a variety of trusted cryptocurrency exchanges Coinrule can be a powerful tool that can aid you in making the most out of the trading strategies you employ.