The world of trading cryptocurrency can be quite exciting, but it can also become time-consuming and stressful for many traders. This is the point where Coinrule is able to help. Coinrule provides an efficient trading tool that helps traders adhere to their cryptocurrency strategy without having to constantly monitor the markets. It’s easy to use, even for those without coding expertise, and comes with a variety of features that can boost you trading experience to highest step.
Coinrule was established in 2017 in London by a group of cryptocurrency and blockchain enthusiasts. Its goal is to make trading in cryptocurrencies easier by offering an automated platform for trading that can integrate safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above the amount it had set for.
One of the key advantages of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be extremely volatile, and it can be challenging for investors to stay up with the ever-changing charts. Coinrule lets traders set up trading rules and then analyzes the market and then makes trades that are compatible with their strategies. This means that traders can put their cryptocurrency trading on autopilot and not have to go through charts for hours.
Coinrule has integrated trading strategies that investors can choose from. There are more than 150 rules to choose from which makes it simple for both new and experienced traders to find the best strategy for them. In addition, traders can stop rules at any time and they will receive free daily emails with trading signals that can help them adjust their strategy to the market.
Another wonderful aspect of Coinrule is the possibility of backtesting. Investors can test their trading strategies based by using historical market data in TradingView. They can select the coin they intend to trade as well as the timeframe they wish to trade, and the trading strategy, and then check how many trades the strategy has opened and closed and also its net profits, percentage of profitability as well as the maximum drawdown and the profit ratio. This can be an effective tool for increasing confidence of traders in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to use Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader, with a variety of options for traders at all levels. Prices start at $0 and go up and up to $499.99 per month, and traders are able to pay either monthly or annually. The yearly plans 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 highest level. With features such as automated trading, built-in trading strategies, backtesting opportunities, and the ability to support multiple trusted trading platforms, Coinrule can be a powerful instrument that can assist you in making the most out of your trading strategy.