The world of trading cryptocurrency is quite thrilling, but it can also become time-consuming and stressful in the eyes of many trader. This is the point where Coinrule comes in. Coinrule provides an efficient trading tool that can help traders stick to their crypto strategy without having to constantly keep track of the market. It’s easy to use even for those with no programming expertise, and comes with many features that can help you take your trading to the next level.
Coinrule was established in the year 2017 in London by a team of cryptocurrency and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrencies 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 more than 200% above its goal.
One of the key advantages of Coinrule is its easy to use automated trading. The cryptocurrency markets can be highly volatile and it is often hard for trader to keep up with the ever-changing charts. Coinrule lets traders create trading rules, and then monitors the market and makes trades that are compatible with their plan of action. This allows traders to put their cryptocurrency trading up to run on autopilot, and not spend hours poring over charts.
Coinrule also offers integrated trading strategies that investors can pick from. There are more than 150 trading rules to pick from that make it simple for both experienced and novice traders to discover the best strategy for them. Additionally, traders can pause rules at any point, and they will receive free daily emails with signals for trading which can assist them in adjusting their strategy to the market.
Another excellent feature of Coinrule is its backtesting capabilities. Traders can test out their trading rules by using historical market data in TradingView. You can choose the currency they will be trading as well as the timeframe they wish to trade, and the trading strategy, and then see how many trades the strategy opened and closed, as well as the net profit, percentage of profitability maximum drawdown, as well as the profit ratio. This can be an effective method to boost a trader’s confidence in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Pro, and Trader, offering different options to traders at all levels. Prices range from $0 and up to $499.99 per month, and traders can choose to pay monthly or annually. The yearly plans offer discounts of up to 25%.
Overall, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the next level. With features such as automatic trading and built-in trading strategies with backtesting capabilities, as well as support for multiple trustworthy cryptocurrency exchanges Coinrule provides a reliable tool that can help you make the most out of the trading strategies you employ.