The world of trading in cryptocurrency can be very exciting, but it can also be time-consuming and overwhelming to many investors. This is the point where Coinrule is able to help. Coinrule provides an efficient tool for trading that helps traders adhere to their cryptocurrency strategy without the need to constantly monitor the markets. It is easy to use even for those without coding knowledge, and provides a variety of features that can help you take you trading experience to next step.
Coinrule was founded in 2017 in London by a team of blockchain and cryptocurrency enthusiasts. The company aims to make trading in cryptocurrency less tedious by providing an automated platform for trading that can integrate safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above its goal.
One of the most important advantages of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be very volatile and it can be difficult for traders to keep up with the ever-changing charts. Coinrule allows traders to set up trading rules and then monitors the market and makes trades that are compatible with their strategy. This allows traders to set their cryptocurrency trading on autopilot, and not go through charts for hours.
Coinrule has integrated trading strategies that investors can select from. There are over 150 trading rules to pick from, making it easy for both new and experienced traders to find a strategy that works for them. In addition, traders can stop rules at any time, and will be sent daily emails with signals for trading to help them adapt their strategies to market conditions.
Another great characteristic of Coinrule is its backtesting capabilities. The traders can test their trading strategies based on historical market data using TradingView. You can choose the currency they will be trading, the desired time frame and trading strategy to determine how many trades that the strategy has opened and closed in addition to profits net, percentage of profitability, maximum drawdown, and profit percentage. This can be a helpful instrument to increase the trust of traders in the trading rules they design.
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 any of these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Pro, and Trader with different options for traders of all levels. Prices range from $0 and up to $499.99 per month, and traders are able 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 elevate your trading in cryptocurrency to the next level. With features such as automatized trading, integrated strategies for trading with backtesting capabilities, as well as the ability to support multiple trusted exchanges, Coinrule provides a reliable instrument that can assist you in making the most out of any trading plan.