The world of trading cryptocurrency is quite thrilling However, it can be time-consuming and overwhelming for many traders. This is the point where Coinrule comes in. Coinrule provides an efficient trading tool that helps traders adhere to their cryptocurrency strategy without having to continuously keep track of the market. It’s easy to use, even for those with no programming knowledge, and provides many features that can boost trades to the highest level.
Coinrule was established in 2017 , in London by a team of cryptocurrency and blockchain enthusiasts. The company aims at making trading cryptocurrency more efficient by providing an automated trading platform that is able to integrate securely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than the amount it had set for.
One of the main aspects of Coinrule is the easy-to-use automated trading system. The market for cryptocurrency is extremely volatile, and it is often difficult for traders to keep up with the constantly changing charts. Coinrule lets traders establish trading rules and then analyzes the market and then makes trades that match their plan of action. This allows traders to set their cryptocurrency trading to autopilot and not go through charts for hours.
Coinrule has integrated trading strategies that traders can pick from. There are over 150 trading rules to pick from, making it easy for both novice and experienced traders to find the best strategy for them. Additionally, traders can pause rules at any time and will be sent daily emails with signals for trading which can assist them in adjusting their strategy to the market.
Another excellent characteristic of Coinrule is its backtesting capabilities. Traders can test out their trading strategy with historical market data by using TradingView. They can select the coin they plan to trade as well as the timeframe they wish to trade as well as the strategy for trading, and then check how many trades were opened and closed and also the net profit, the percentage of profit maximum drawdown, as well as profit factor. This can be a helpful tool for increasing the trust of traders in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Trader, and Pro, with different options for traders at all levels. Prices start at $0 and go up to $499.99 per month. traders are able to pay monthly or annually. The yearly plans offer discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the next level. With features like automatized trading, integrated trading strategies with backtesting capabilities, as well as the ability to support multiple trusted trading platforms, Coinrule is a robust tool that will help you make the most out of the trading strategies you employ.