The world of trading in cryptocurrency can be very exciting However, it can be time-consuming and overwhelming for many traders. 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 continuously monitor the markets. It’s simple to use even for those with no programming expertise, and comes with a variety of features that can take you trading experience to highest step.
Coinrule was established in 2017 , in London by a team of blockchain and cryptocurrency enthusiasts. The company aims create a system that makes trading cryptocurrencies less tedious by providing an automated platform for trading that is able to integrate securely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its target.
One of the most important advantages of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be very volatile and it is often challenging for investors to stay up with the ever-changing charts. Coinrule lets traders set up trading rules and then examines the market and make trades that fit into their plan of action. This means that traders can put their cryptocurrency trading to autopilot and not spend hours poring over charts.
Coinrule has built-in trading strategies that traders can pick from. There are over 150 trading rules to pick from, making it easy for both new and experienced traders to discover a strategy that works for them. In addition, traders can stop rules at any point, and they will receive free daily emails that contain trading signals to help them adapt their strategy according to the changing market.
Another wonderful aspect of Coinrule is its backtesting opportunities. The traders can test their trading strategies based with historical market data by using TradingView. They can select the coin they intend to trade as well as the timeframe they wish to trade, and the trading strategy to determine how many trades that the strategy opened and closed in addition to the net profit, the percentage of profit maximum drawdown, as well as the profit ratio. This can be an effective instrument to increase the trust of traders in the trading rules they create.
Coinrule also supports multiple trustworthy 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 provides four pricing levels including Starter, Hobbyist Trader, and Pro, with a variety of options for traders at all levels. Prices vary from $0 through $499.99 per month, and traders can choose to pay each month or annually. Annual plans provide discounts up to 25 percent.
In the end, Coinrule offers a user-friendly and convenient experience that can 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 a variety of trusted exchanges, Coinrule can be a powerful instrument that can assist you in making the most of the trading strategies you employ.