The world of cryptocurrency trading is quite thrilling, but it can also be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule comes in. Coinrule provides an efficient trading tool that can help traders adhere to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It is easy to use even for people with no programming expertise, and comes with many options that will boost your trading to the highest step.
Coinrule was established in the year 2017 in London by a group of crypto and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrency more efficient by providing an automated platform for trading that is able to integrate securely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over the amount it had set for.
One of the most important aspects of Coinrule is the easy-to-use automated trading system. The market for cryptocurrency is very volatile and it can be hard for trader to keep track of the ever-changing charts. Coinrule lets traders establish trading rules and then analyzes the market and then makes trades that match their plan of action. This means that traders are able to set their cryptocurrency trading to autopilot, and not spend hours poring over charts.
Coinrule provides integrated trading strategies that traders can select from. There are over 150 rules available that make it simple for both new and experienced traders to choose a strategy that works for them. Furthermore, traders are able to pause rules at any time, and receive daily emails that contain trading signals which can assist them in adjusting their strategy to the market.
Another great characteristic of Coinrule is its backtesting opportunities. Investors can test their trading strategy with historical market data by using TradingView. They can choose the cryptocurrency they plan to trade as well as the timeframe they wish to trade, and the trading strategy, and then determine how many trades that the strategy opened and closed in addition to the net profit, percentage of profitability, maximum drawdown, and the profit ratio. This can be a helpful method to boost the trust of traders in their trading strategies they develop.
Coinrule is also compatible with a variety of reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader, offering different options to traders at all levels. Prices range from $0 and up to $499.99 per month. traders are able to pay monthly or annually. Annual plans provide discounts up to 25%.
Overall, 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, backtesting opportunities, and the ability to support multiple trusted exchanges, Coinrule can be a powerful tool that can assist you in making the most out of your trading strategy.