The world of trading in cryptocurrency can be very exciting However, it can become time-consuming and stressful to many investors. This is the point where Coinrule comes in. Coinrule provides an efficient tool for trading that helps traders stick to their cryptocurrency strategy without having to constantly keep track of the market. It’s simple to use even for those without coding knowledge, and provides various options to help you take trades to the next level.
Coinrule was founded in 2017 in London by a team of blockchain and cryptocurrency enthusiasts. The company’s mission is to make trading in cryptocurrency less tedious 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) through Seedrs, more than 200% above its goal.
One of the main aspects of Coinrule is the easy to use automated trading. The markets for cryptocurrency can be highly volatile and it can be hard for trader to keep up with the constantly changing charts. Coinrule lets traders set up trading rules and then monitors the market and makes trades that match their strategies. This means that traders are able to place their cryptocurrency trading on autopilot and not look over charts for hours.
Coinrule has built-in trading strategies that traders can select from. There are over 150 trading rules to pick from that make it simple for both novice and experienced traders to discover the best strategy for them. In addition, traders can stop rules at any point, and receive daily emails with trading signals that can help them adjust their strategies to market conditions.
Another great aspect of Coinrule is its backtesting capabilities. The traders can test their trading strategy by using historical market data in TradingView. You can choose the currency they will be trading and the time frame they want to use as well as the strategy for trading to check how many trades were opened and closed and also its net profits, percentage of profitability, maximum drawdown, and profit percentage. This can be a helpful instrument to increase a trader’s confidence in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges like 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, Starter, Hobbyist, Pro, and Trader with a variety of options for traders of all levels. Prices range from $0 and up to $499.99 per month. traders can choose to pay either monthly or annually. Annual plans provide discounts of up to%.
All in all, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the next level. With features such as automated trading, built-in trading strategies, backtesting opportunities, and support for a variety of trusted trading platforms, Coinrule can be a powerful instrument that can help you make the most out of any trading plan.