The world of cryptocurrency trading can be very exciting however, it can be time-consuming and overwhelming for many traders. This is where Coinrule comes in. Coinrule is an automated trading tool that helps traders stick to their cryptocurrency strategy without having to constantly keep track of the market. It is easy to use, even for those with no programming knowledge, and provides many options to take trades to the highest step.
Coinrule was founded in the year 2017 London by a team of crypto and blockchain enthusiasts. The company aims at making trading cryptocurrency easier by offering an automated trading platform which can be integrated safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above the amount it had set for.
One of the key advantages of Coinrule is its easy to use automated trading. The market for cryptocurrency is very volatile and it is often difficult for traders to keep track of the ever-changing charts. Coinrule lets traders set up trading rules and then analyzes the market and then makes trades that match their strategies. This allows traders to set their cryptocurrency trading on autopilot and not look over charts for hours.
Coinrule also offers built-in trading strategies that traders can choose from. There are more than 150 rules available which makes it simple for both experienced and novice traders to choose an approach that is suitable for them. Additionally, traders can pause rules at any time and will be sent daily emails that contain trading signals which can assist them in adjusting their strategy to the market.
Another great aspect of Coinrule is its backtesting capabilities. The traders can test their trading strategies based with historical market data by using TradingView. They can select the coin they will be trading as well as the timeframe they wish to trade and trading strategy to see how many trades were opened and closed and also profits net, the percentage of profitability maximum drawdown, as well as the profit ratio. This is a useful tool for increasing 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. This means that traders can integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Trader, and Pro, with different options for traders of all levels. Prices range from $0 to $499.99 per month. traders have the option of paying each month or annually. Annual plans provide discounts up to 25%.
All in all, Coinrule offers a user-friendly and easy-to-use 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 can be a powerful tool that can aid you in making the most of the trading strategies you employ.