The world of cryptocurrency trading is quite thrilling however, it can become time-consuming and stressful to many investors. This is where Coinrule comes in. Coinrule provides an efficient tool for trading that helps traders adhere to their cryptocurrency strategy without having to constantly monitor the markets. It’s easy to use even for people with no programming experience, and offers a variety of options that will take trades to the highest step.
Coinrule was founded in 2017 , in London by a team of blockchain and cryptocurrency enthusiasts. The company aims create a system that makes trading cryptocurrency less tedious by providing an automated trading platform which can be integrated safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above the amount it had set for.
One of the key advantages of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be highly volatile and it can be hard for trader to keep track of the constantly changing charts. Coinrule allows traders to set up trading rules and then monitors the market and makes trades that are compatible with their strategy. This allows traders to set their cryptocurrency trading to autopilot, and not go through charts for hours.
Coinrule also offers integrated trading strategies that traders can select from. There are more than 150 rules to choose from which makes it simple for both novice and experienced traders to discover an approach that is suitable for them. Additionally, traders can pause rules at any time, and will be sent daily emails that contain trading signals which can assist them in adjusting their strategies to market conditions.
Another wonderful aspect of Coinrule is its backtesting opportunities. Investors can test their trading strategy on historical market data using TradingView. They can choose the cryptocurrency they intend to trade, the desired time frame and trading strategy to determine how many trades that were opened and closed, as well as its net profits, the percentage of profit maximum drawdown, as well as profit percentage. This is a useful tool for increasing the trust of traders in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to integrate Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Trader, and Pro, with different options for traders at all levels. Prices start at $0 and go up through $499.99 per month, and traders have the option of paying either monthly or annually. The annual plans can offer discounts of up to percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest level. With features like automated trading, built-in trading strategies, backtesting opportunities, and support for a variety of trusted exchanges, Coinrule is a robust instrument that can assist you in making the most of the trading strategies you employ.