The world of trading cryptocurrency can be very exciting, but it can also become time-consuming and stressful for many traders. This is the point where Coinrule is able to help. Coinrule provides an efficient trading tool that can help traders stick to their crypto strategy without having to continuously monitor the markets. It’s simple to use even for those without coding experience, and offers various options that will take your trading to the next level.
Coinrule was established in the year 2017 London by a group of crypto and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrency easier by offering an automated trading platform that can integrate safely with multiple 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 key features of Coinrule is its user-friendly automated trading. The market for cryptocurrency is very volatile and it can be hard for trader to keep track of the ever-changing charts. Coinrule allows traders to set up trading rules and then monitors the market and makes trades that match their strategy. This means that traders can put their cryptocurrency trading on autopilot, and not spend hours poring over charts.
Coinrule provides built-in trading strategies that traders can select from. There are more than 150 rules available which makes it simple for both experienced and novice traders to choose the best strategy for them. Additionally, traders can pause rules at any time and will be sent daily emails that contain trading signals to help them adapt their strategies to market conditions.
Another wonderful aspect of Coinrule is its backtesting capabilities. Traders can test out their trading strategy by using historical market data in TradingView. You can choose the currency they plan to trade and the time frame they want to use, and the trading strategy, and then see how many trades the strategy has opened and closed, as well as profits net, percentage of profit, maximum drawdown, and the profit ratio. This is a useful tool for increasing confidence of traders in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader with a variety of options for traders of all levels. Prices range from $0 through $499.99 per month. traders have the option of paying either monthly or annually. Annual plans provide discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the next level. With features such as automatic trading and built-in strategies for trading with backtesting capabilities, as well as the ability to support multiple trusted exchanges, Coinrule is a robust tool that will aid you in making the most out of any trading plan.