The world of cryptocurrency trading can be quite exciting, but it can also become time-consuming and stressful for many traders. This is the point where Coinrule comes in. Coinrule provides an efficient trading tool that can help traders adhere to their cryptocurrency strategy without the need to constantly keep track of the market. It’s easy to use even for those without coding knowledge, and provides a variety of options that will help you take trades 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 less tedious by providing an automated trading platform 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 its target.
One of the most important aspects of Coinrule is the user-friendly automated trading. The cryptocurrency markets can be highly volatile and it is often challenging for investors to stay up with the constantly changing charts. Coinrule allows traders to set up trading rules and then examines the market and make trades that match their plan of action. This means that traders can put their cryptocurrency trading up to run on autopilot and not look over charts for hours.
Coinrule also offers 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 find a strategy that works for them. Furthermore, traders are able to pause rules at any time, and receive daily emails with signals for trading that can help them adjust their strategy to the market.
Another great feature of Coinrule is its backtesting opportunities. Investors can test their trading strategies based by using historical market data in TradingView. You can choose the currency they will be trading and the time frame they want to use and trading strategy to see how many trades the strategy has opened and closed and also its net profits, the percentage of profitability as well as the maximum drawdown and profit factor. This can be a helpful tool for increasing 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. This means that traders can use Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels, 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 are able to pay monthly or annually. The annual plans can offer discounts of up to percent.
All in all, 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 trading platforms, Coinrule is a robust instrument that can help you make the most of the trading strategies you employ.