The world of trading cryptocurrency can be quite exciting, but it can also become time-consuming and stressful to many investors. This is 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 be on the lookout for market trends. It’s easy to use even for people with no programming expertise, and comes with a variety of options to help you take your trading to the highest level.
Coinrule was established in the year the year 2017 London by a group of blockchain and cryptocurrency enthusiasts. The company aims at making trading cryptocurrencies more efficient by providing an automated platform for trading that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above its goal.
One of the key aspects of Coinrule is the easy-to-use automated trading system. The markets for cryptocurrency can be highly volatile and it is often hard for trader to keep track of 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 strategy. This means that traders can put their cryptocurrency trading up to run on autopilot, and not look over charts for hours.
Coinrule provides integrated trading strategies that traders can pick from. There are over 150 trading rules to pick from that make it simple for both novice and experienced traders to discover the best strategy for them. Additionally, traders can pause rules at any point, and receive daily emails with signals for trading that can help them adjust their strategy according to the changing market.
Another great characteristic of Coinrule is the possibility of backtesting. Traders can test out their trading strategies based with historical market data by using TradingView. They can choose the cryptocurrency they will be trading, the desired time frame and trading strategy and check how many trades the strategy opened and closed, as well as the net profit, percentage of profit, maximum drawdown, and profit factor. This can be a helpful method to boost a trader’s confidence in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Trader, and Pro, with a variety of options for traders at all levels. Prices vary from $0 to $499.99 per month. traders are able to pay each month or annually. The annual plans can offer discounts of up to 25 percent.
Overall, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the next level. With features such as automatic trading and built-in trading strategies, backtesting opportunities, and the ability to support multiple trusted trading platforms, Coinrule can be a powerful tool that can assist you in making the most out of your trading strategy.