The world of trading in cryptocurrency can be quite exciting However, it can become time-consuming and stressful in the eyes of many trader. This is where Coinrule comes in. Coinrule provides an efficient trading tool that can help traders adhere to their cryptocurrency strategy without having to continuously monitor the markets. It’s simple to use, even for those with no programming experience, and offers many options that will boost trades to the next level.
Coinrule was established in the year 2017 in London by a team of crypto and blockchain enthusiasts. The company aims to make trading in cryptocurrencies more efficient by providing an automated platform for trading which can be integrated safely 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 most important aspects of Coinrule is the easy-to-use automated trading system. The market for cryptocurrency is highly volatile and it is often difficult for traders to keep track of the constantly changing charts. Coinrule lets traders set up trading rules and then monitors the market and makes trades that match their strategies. This allows traders to put their cryptocurrency trading to autopilot and not spend hours poring over charts.
Coinrule provides integrated trading strategies that traders can choose from. There are over 150 trading rules to pick from that make it simple for both experienced and novice traders to choose an approach that is suitable for them. Additionally, traders can pause rules at any time and they will receive free daily emails that contain trading signals which can assist them in adjusting their strategies to market conditions.
Another excellent characteristic of Coinrule is its backtesting capabilities. Investors can test their trading strategies based with historical market data by using TradingView. They can select the coin they will be trading and the time frame they want to use as well as the strategy for trading to see how many trades the strategy opened and closed and also its net profits, percentage of profitability, maximum drawdown, and the profit ratio. This is a useful tool for increasing a trader’s confidence in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Pro, and Trader, with a variety of options for traders at all levels. Prices vary from $0 through $499.99 per month. traders can choose to pay each month or annually. The annual plans can offer discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the next level. With features such as automated trading, built-in strategies for trading with backtesting capabilities, as well as support for multiple trustworthy exchanges, Coinrule provides a reliable tool that can help you make the most out of your trading strategy.