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 provides an efficient tool for trading that helps traders stick to their crypto strategy without the need to constantly keep track of the market. It’s simple to use, even for those with no programming knowledge, and provides various features that can take you trading experience to next level.
Coinrule was established in the year 2017 London by a group of cryptocurrency and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrencies more efficient by providing an automated platform for trading that is able to integrate securely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than the amount it had set for.
One of the key aspects of Coinrule is the user-friendly automated trading. The cryptocurrency markets can be extremely volatile, and it is often difficult for traders to keep up with the constantly changing charts. Coinrule lets traders establish trading rules and then monitors the market and makes trades that fit into their plan of action. This means that traders are able to put their cryptocurrency trading to autopilot and not look over charts for hours.
Coinrule provides built-in trading strategies that traders can choose from. There are more than 150 rules to choose from which makes it simple for both new and experienced traders to find a strategy that works for them. Furthermore, traders are able to pause rules at any time and will be sent daily emails with signals for trading which can assist them in adjusting their strategy according to the changing market.
Another excellent characteristic of Coinrule is its backtesting capabilities. Investors can test their trading strategies based by using historical market data in TradingView. You can choose the currency they intend 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 in addition to profits net, percentage of profitability maximum drawdown, as well as the profit ratio. This can be a helpful tool for increasing the trust of traders in their trading strategies they develop.
Coinrule is also compatible with a variety of reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can integrate Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader with a variety of options for traders of all levels. Prices vary from $0 through $499.99 per month, and traders can choose to pay either monthly or annually. The yearly plans offer discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the highest possible level. With features like automatized trading, integrated strategies for trading with backtesting capabilities, as well as support for multiple trustworthy trading platforms, Coinrule can be a powerful tool that can aid you in making the most of any trading plan.