The world of trading cryptocurrency can be quite exciting however, it can be time-consuming and overwhelming in the eyes of many trader. This is where Coinrule is able to help. Coinrule provides an efficient tool for trading that helps traders adhere to their cryptocurrency strategy without the need to constantly keep track of the market. It is easy to use, even for people with no programming knowledge, and provides various options that will take your trading to the highest step.
Coinrule was founded in 2017 , in London by a group of crypto and blockchain enthusiasts. The company aims at making trading cryptocurrency more efficient by providing an automated trading platform which can be integrated safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its goal.
One of the key advantages of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be very volatile and it is often hard for trader to keep up with constantly changing charts. Coinrule allows traders to set up trading rules and then examines the market and make trades that are compatible with their strategies. This means that traders are able to put their cryptocurrency trading to autopilot and not go through charts for hours.
Coinrule also offers built-in trading strategies that traders can select from. There are over 150 rules available, making it easy for both experienced and novice traders to find an approach that is suitable for them. Additionally, traders can pause rules at any time and receive daily emails with trading signals that can help them adjust their strategy according to the changing market.
Another excellent feature of Coinrule is the possibility of backtesting. Investors can test their trading strategy with historical market data by using TradingView. You can choose the currency they intend to trade and the time frame they want to use and trading strategy, and then see how many trades the strategy has opened and closed and also its net profits, percentage of profit maximum drawdown, as well as profit percentage. This can be a helpful method to boost a trader’s confidence in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Trader, and Pro, with a variety of options for traders at all levels. Prices vary from $0 through $499.99 per month. traders are able to pay monthly or annually. The annual plans can offer discounts up to 25%.
All in all, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the next level. With features like automated trading, built-in trading strategies with backtesting capabilities, as well as support for a variety of trusted exchanges, Coinrule is a robust instrument that can help you make the most of your trading strategy.