The world of cryptocurrency trading can be very exciting, but it can also be time-consuming and overwhelming in the eyes of many trader. 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 people with no programming experience, and offers various features that can boost your trading to the next level.
Coinrule was established in the year the year 2017 London by a team of cryptocurrency and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrencies easier by offering an automated platform for trading that is able to integrate securely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over the amount it had set for.
One of the main aspects of Coinrule is the easy-to-use automated trading system. The cryptocurrency markets can be very volatile and it is often challenging for investors to stay track of the ever-changing charts. Coinrule allows traders to set up trading rules and then examines the market and make trades that are compatible with their strategy. This allows traders to put their cryptocurrency trading on autopilot, and not go through charts for hours.
Coinrule provides built-in trading strategies that traders can choose from. There are more than 150 trading rules to pick from, making it easy for both novice and experienced traders to choose the best strategy 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 strategies to market conditions.
Another wonderful aspect of Coinrule is its backtesting capabilities. Traders can test out their trading strategies based with historical market data by using TradingView. You can choose the currency they plan to trade and the time frame they want to use and trading strategy, and then check how many trades were opened and closed in addition to profits net, percentage of profit as well as the maximum drawdown and profit factor. This can be an effective method to boost confidence of traders in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to use Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Pro, and Trader, with different options for traders at all levels. Prices range from $0 through $499.99 per month, and traders can choose to pay each month or annually. The yearly plans offer discounts up to 25 percent.
In the end, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest possible level. With features such as automatized trading, integrated strategies for trading as well as backtesting options, and support for a variety of trusted exchanges, Coinrule can be a powerful tool that can assist you in making the most of your trading strategy.