The world of cryptocurrency trading can be very exciting However, it can become time-consuming and stressful to many investors. This is where Coinrule is able to help. Coinrule provides an efficient tool for trading that helps traders stick to their cryptocurrency strategy without the need to constantly monitor the markets. It is easy to use even for those without coding expertise, and comes with various options that will help you take your trading to the highest level.
Coinrule was founded in the year 2017 London by a team of blockchain and cryptocurrency enthusiasts. Its goal is to make trading in cryptocurrency less tedious by providing an automated trading platform 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 the amount it had set for.
One of the key advantages of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is highly volatile and it can be difficult for traders to keep up with the constantly changing charts. Coinrule allows traders to establish trading rules and then monitors the market and makes trades that match their plan of action. This allows traders to place their cryptocurrency trading to autopilot and not look over charts for hours.
Coinrule has integrated trading strategies that traders can choose from. There are over 150 rules available which makes it simple for both new and experienced traders to choose an approach that is suitable for them. In addition, traders can stop rules at any time, and will be sent daily emails that contain trading signals which can assist them in adjusting their strategy according to the changing market.
Another great aspect of Coinrule is the possibility of backtesting. The traders can test their trading strategy with historical market data by using TradingView. They can choose the cryptocurrency they intend to trade and the time frame they want to use and trading strategy and determine how many trades that were opened and closed, as well as its net profits, the percentage of profitability as well as the maximum drawdown and profit percentage. This can be an effective tool for increasing the trust of traders in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader, with different options for traders at all levels. Prices start at $0 and go up to $499.99 per month, and traders are able to pay each month or annually. Annual plans provide discounts up to 25 percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest level. With features such as automatic trading and built-in strategies for trading with backtesting capabilities, as well as support for a variety of trusted exchanges, Coinrule provides a reliable tool that can help you make the most of any trading plan.