The world of cryptocurrency trading is quite thrilling However, it can be time-consuming and overwhelming to many investors. This is where Coinrule is able to help. Coinrule provides an efficient trading tool that helps traders stick to their crypto strategy without having to constantly monitor the markets. It’s simple to use, even for people with no programming expertise, and comes with a variety of options to boost your trading to the next step.
Coinrule was founded in the year 2017 London by a team of cryptocurrency and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrencies easier by offering an automated trading platform that is able to integrate securely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over the amount it had set for.
One of the most important features of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be very volatile and it can be difficult for traders to keep up with the ever-changing charts. Coinrule allows traders to set up trading rules and then examines the market and make trades that fit into their plan of action. This means that traders can set their cryptocurrency trading up to run on autopilot and not have to go through charts for hours.
Coinrule also offers built-in trading strategies that traders can select from. There are more than 150 rules to choose from that make it simple for both experienced and novice traders to choose an approach that is suitable for them. In addition, traders can stop rules at any point, and will be sent daily emails that contain trading signals which can assist them in adjusting their strategy according to the changing market.
Another excellent characteristic of Coinrule is the possibility of backtesting. Investors can test their trading strategy by using historical market data in TradingView. They can choose the cryptocurrency they plan to trade and the time frame they want to use and trading strategy to check how many trades the strategy has opened and closed, as well as profits net, the percentage of profitability, maximum drawdown, and profit factor. This is a useful tool for increasing confidence 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 tiers including Starter, Hobbyist Pro, and Trader, with different options for traders of all levels. Prices range from $0 to $499.99 per month. traders can choose to pay either monthly or annually. The yearly plans offer discounts up to 25 percent.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest possible level. With features like automatized trading, integrated strategies for trading as well as backtesting options, and support for multiple trustworthy exchanges, Coinrule is a robust tool that can aid you in making the most of any trading plan.