The world of cryptocurrency trading can be very exciting, but it can also be time-consuming and overwhelming to many investors. This is the point where Coinrule is able to help. Coinrule provides an efficient trading tool that helps traders stick to their cryptocurrency strategy without having to constantly keep track of the market. It’s easy to use even for those with no programming expertise, and comes with a variety of options that will help you take trades to the next level.
Coinrule was established in 2017 in London by a team of cryptocurrency and blockchain enthusiasts. Its goal is to make trading in cryptocurrencies less tedious by providing an automated trading platform which can be integrated safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above its target.
One of the key features of Coinrule is its easy to use automated trading. The market for cryptocurrency is extremely volatile, and it can be challenging for investors to stay track of the ever-changing charts. Coinrule allows traders to create trading rules, and then examines the market and make trades that are compatible with their strategies. This allows traders to set their cryptocurrency trading up to run on autopilot and not look over charts for hours.
Coinrule has integrated trading strategies that traders can select from. There are over 150 rules available which makes it simple for both new and experienced traders to discover an approach that is suitable for them. Additionally, traders can pause rules at any point, and will be sent daily emails that contain trading signals to help them adapt their strategies to market conditions.
Another excellent feature of Coinrule is its backtesting opportunities. Traders can test out their trading strategy with historical market data by using TradingView. They can choose the cryptocurrency they intend to trade, the desired time frame and trading strategy to see how many trades the strategy has opened and closed in addition to its net profits, the percentage of profitability maximum drawdown, as well as profit percentage. This is a useful tool for increasing the trust of traders in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Trader, and Pro, with a variety of options for traders at all levels. Prices start at $0 and go up and up to $499.99 per month. traders are able to pay each month or annually. The yearly plans offer discounts up to 25 percent.
Overall, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest level. With features such as automatic trading and built-in trading strategies, backtesting opportunities, and the ability to support multiple trusted cryptocurrency exchanges Coinrule provides a reliable tool that will help you make the most of the trading strategies you employ.