The world of trading cryptocurrency can be quite exciting however, it can become time-consuming and stressful in the eyes of many trader. This is the point where Coinrule is able to help. Coinrule provides an efficient trading tool that helps traders adhere to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It is easy to use, even for people with no programming experience, and offers many features that can take trades to the highest step.
Coinrule was established in 2017 , in London by a team of crypto and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrency less tedious by providing an automated trading platform that can integrate safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than the amount it had set for.
One of the most important features of Coinrule is its user-friendly automated trading. 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 set up trading rules and then analyzes the market and then makes trades that are compatible with their strategies. This means that traders are able to place their cryptocurrency trading on autopilot, and not look over charts for hours.
Coinrule also offers built-in trading strategies that traders can pick from. There are more than 150 rules to choose from which makes it simple for both new and experienced traders to choose a strategy that works for them. Additionally, traders can pause rules at any point, and receive daily emails with signals for trading which can assist them in adjusting their strategy to the market.
Another great aspect of Coinrule is its backtesting capabilities. Investors can test their trading rules on historical market data using TradingView. You can choose the currency they plan to trade and the time frame they want to use, and the trading strategy, and then determine how many trades that the strategy has opened and closed, as well as profits net, the percentage of profit as well as the maximum drawdown and profit percentage. This can be a helpful instrument to increase the trust of traders in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Trader, and Pro, offering different options to traders at all levels. Prices range from $0 through $499.99 per month, and traders can choose to pay each month or annually. The annual plans can offer discounts up to 25%.
In the end, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the next level. With features like automatic trading and built-in trading strategies as well as backtesting options, and support for a variety of trusted exchanges, Coinrule provides a reliable tool that will aid you in making the most out of your trading strategy.