The world of trading in cryptocurrency can be very 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 trading tool that can help traders stick to their cryptocurrency strategy without the need to constantly monitor the markets. It’s easy to use, even for those without coding experience, and offers various options that will take your trading to the next level.
Coinrule was founded in the year 2017 London by a group of crypto and blockchain enthusiasts. Its goal is at making trading cryptocurrency less tedious by providing an automated platform for trading that can integrate safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than its target.
One of the most important features of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be extremely volatile, and it can be difficult for traders to keep up with 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 set their cryptocurrency trading on autopilot, and not spend hours poring over charts.
Coinrule also offers integrated trading strategies that traders can choose from. There are over 150 rules to choose from which makes it simple for both new and experienced traders to discover a strategy that works for them. Furthermore, traders are able to pause rules at any point, and receive daily emails with trading signals which can assist them in adjusting their strategy according to the changing market.
Another wonderful feature of Coinrule is its backtesting capabilities. The traders can test their trading rules by using historical market data in TradingView. They can select the coin they plan to trade as well as the timeframe they wish to trade and trading strategy, and then see how many trades the strategy has opened and closed, as well as the net profit, the percentage of profit maximum drawdown, as well as profit percentage. This can be a helpful method to boost confidence of traders in the trading rules they create.
Coinrule is also compatible with a variety of 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 tiers, Starter, Hobbyist, Trader, and Pro, with different options for traders at all levels. Prices vary from $0 to $499.99 per month, and traders have the option of paying monthly or annually. The annual plans can offer discounts of up to 25%.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest possible level. With features such as automated trading, built-in strategies for trading as well as backtesting options, and the ability to support multiple trusted trading platforms, Coinrule provides a reliable tool that will assist you in making the most out of any trading plan.