The world of trading cryptocurrency can be quite exciting However, it can become time-consuming and stressful for many traders. This is the point where Coinrule comes in. Coinrule provides an efficient trading tool that can help traders stick to their crypto strategy without having to constantly monitor the markets. It is easy to use even for those with no programming experience, and offers many options that will take your trading to the highest level.
Coinrule was founded in the year 2017 London by a team of cryptocurrency and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrency more efficient by providing an automated platform for trading which can be integrated safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over the amount it had set for.
One of the main features of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be extremely volatile, and it can be hard for trader to keep track of the constantly changing charts. Coinrule allows traders to establish trading rules and then analyzes the market and then makes trades that fit into their strategy. This allows traders to place their cryptocurrency trading on autopilot and not go through charts for hours.
Coinrule has built-in trading strategies that traders can pick from. There are more than 150 rules available, making it easy for both novice and experienced traders to discover an approach that is suitable for them. In addition, traders can stop rules at any point, and receive daily emails with trading signals which can assist them in adjusting their strategy according to the changing market.
Another excellent feature of Coinrule is its backtesting capabilities. The traders can test their trading strategy with historical market data by using TradingView. They can select the coin they intend to trade and the time frame they want to use and trading strategy and check how many trades the strategy has opened and closed in addition to profits net, the percentage of profit, maximum drawdown, and profit percentage. This can be a helpful method to boost confidence 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 connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Pro, and Trader, with different options for traders at all levels. Prices range from $0 to $499.99 per month, and traders are able to pay each month or annually. The annual plans can offer discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest possible level. With features like automatized trading, integrated trading strategies as well as backtesting options, and support for a variety of trusted trading platforms, Coinrule is a robust tool that can assist you in making the most of the trading strategies you employ.