The world of cryptocurrency trading can be very exciting, but it can also become time-consuming and stressful for many traders. This is the point where Coinrule is in. Coinrule provides an efficient trading tool that helps traders stick to their crypto strategy without having to continuously monitor the markets. It’s easy to use even for those with no programming knowledge, and provides various features that will help you take trades to the highest level.
Coinrule was founded in 2017 at London by a group of crypto and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrencies more efficient by offering an automated platform for trading which can be integrated safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than its target.
One of the most important aspects of Coinrule is the easy-to-use automated trading system. The markets for cryptocurrency can be highly volatile and it can be difficult for traders to keep up with constantly changing charts. Coinrule lets traders establish trading rules and then analyzes the market and then makes trades that match their strategies. This allows traders to put their cryptocurrency trading on autopilot and not have to go through charts for hours.
Coinrule has integrated trading strategies that traders can pick from. There are over 150 rules to choose from that make it easy for both novice and experienced traders to choose an approach that is suitable for them. In addition, traders can stop rules at any point, and they will receive free daily emails with signals for trading which can assist them in adjusting their strategies according to market conditions.
Another excellent feature of Coinrule is the possibility of backtesting. Traders can test out their trading strategies based by using historical market data in TradingView. They can choose the cryptocurrency they intend to trade, the desired time frame as well as the strategy for trading to determine how many trades that the strategy has opened and closed, as well as its net profits, percentage of profitability and maximum drawdown as well as profit factor. This is an excellent tool for increasing 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. So, traders are able to use Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Pro, and Trader with a variety of options for traders at all levels. Prices range from $0 to $499.99 per month. traders have the option of paying either monthly or annually. The yearly plans offer discounts of up to 25 percent.
Overall, Coinrule offers a user-friendly and easy-to-use experience that will take your cryptocurrency trading to the next level. With features like automated trading, built-in strategies for trading, backtesting opportunities, and support for multiple trustworthy cryptocurrency exchanges Coinrule provides a reliable instrument that will allow you to get the most out of your trading strategy.