The world of trading cryptocurrency can be quite exciting, but it can also become time-consuming and stressful for many traders. This is where Coinrule is able to help. Coinrule provides an efficient tool for trading that helps traders stick to their crypto strategy without the need to constantly keep track of the market. It’s simple to use, even for those without coding knowledge, and provides many options to help you take you trading experience to next step.
Coinrule was established in 2017 , in London by a team of blockchain and cryptocurrency enthusiasts. Its goal is create a system that makes trading cryptocurrencies easier by offering an automated trading platform that can integrate safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above its target.
One of the main features of Coinrule is its user-friendly automated trading. The market for cryptocurrency is very volatile and it is often challenging for investors to stay track of the ever-changing charts. Coinrule lets traders create trading rules, and then analyzes the market and then makes trades that match their strategies. This means that traders can set their cryptocurrency trading on autopilot, and not go through charts for hours.
Coinrule has integrated 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 choose an approach that is suitable for them. Additionally, traders can pause rules at any point, and they will receive free daily emails with trading signals which can assist them in adjusting their strategies to market conditions.
Another excellent aspect of Coinrule is the possibility of backtesting. Traders can test out their trading strategy with historical market data by using TradingView. They can choose the cryptocurrency they plan to trade, the desired time frame as well as the strategy for trading, and then check how many trades the strategy opened and closed and also its net profits, the percentage of profit as well as the maximum drawdown and the profit ratio. This can be an effective 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 these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader with different options for traders at all levels. Prices vary from $0 and up to $499.99 per month. traders are able to pay monthly or annually. The annual plans can offer discounts up to 25 percent.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency 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 exchanges, Coinrule provides a reliable tool that can assist you in making the most out of the trading strategies you employ.