The world of trading cryptocurrency can be very exciting However, it can be time-consuming and overwhelming 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 continuously monitor the markets. It’s simple to use even for people with no programming expertise, and comes with various options that will boost trades to the next level.
Coinrule was founded in 2017 , in London by a group of blockchain and cryptocurrency enthusiasts. The company aims create a system that makes 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 key advantages of Coinrule is its easy to use automated trading. The market for cryptocurrency is highly volatile and it can be difficult for traders to keep up with the constantly changing charts. Coinrule allows traders to create trading rules, and then monitors the market and makes trades that match their strategy. This means that traders are able to place their cryptocurrency trading up to run on autopilot and not have to look over charts for hours.
Coinrule has integrated trading strategies that traders can choose from. There are more than 150 rules available, making it easy for both experienced and novice traders to find a strategy that works for them. Furthermore, traders are able to pause rules at any point, and will be sent daily emails with signals for trading to help them adapt their strategy according to the changing market.
Another great aspect of Coinrule is its backtesting capabilities. The traders can test their trading rules by using historical market data in TradingView. They can choose the cryptocurrency they plan to trade, the desired time frame as well as the strategy for trading and see how many trades the strategy has opened and closed in addition to profits net, percentage of profit, maximum drawdown, and profit factor. This is a useful instrument to increase the trust of traders in their trading strategies they develop.
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 any of these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Pro, and Trader with a variety of options for traders at all levels. Prices range from $0 to $499.99 per month. traders can choose to pay monthly or annually. The annual plans can offer discounts of up to 25%.
In the end, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest level. With features like automated trading, built-in trading strategies as well as backtesting options, and support for multiple trustworthy exchanges, Coinrule is a robust instrument that can help you make the most out of any trading plan.