The world of trading in cryptocurrency can be quite exciting, but it can also be time-consuming and overwhelming to many investors. 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 keep track of the market. It’s simple to use, even for those with no programming expertise, and comes with various features that can boost you trading experience to highest step.
Coinrule was established in 2017 , in London by a group of blockchain and cryptocurrency enthusiasts. Its goal is to make trading in cryptocurrency more efficient by providing an automated trading platform that is able to integrate securely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over the amount it had set for.
One of the most important advantages of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be very volatile and it can be hard for trader to keep track of the constantly changing charts. Coinrule allows traders to create trading rules, and then analyzes the market and then makes trades that are compatible with their strategy. This means that traders can place their cryptocurrency trading on autopilot and not spend hours poring over charts.
Coinrule has built-in trading strategies that traders can pick from. There are over 150 rules available that make it simple for both novice and experienced traders to discover a strategy that works for them. In addition, traders can stop rules at any time, and they will receive free daily emails that contain trading signals that can help them adjust their strategy to the market.
Another great feature of Coinrule is its backtesting opportunities. Investors can test their trading strategy on historical market data using TradingView. You can choose the currency they plan to trade and the time frame they want to use and trading strategy, and then determine how many trades that were opened and closed, as well as its net profits, the percentage of profit, maximum drawdown, and profit factor. This is a useful method to boost a trader’s confidence in their trading strategies they develop.
Coinrule is also compatible with a variety of reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can 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 start at $0 and go up and up to $499.99 per month, and traders have the option of paying either monthly or annually. Annual plans provide discounts of up to percent.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the next level. With features such as automatic trading and built-in trading strategies, backtesting opportunities, and support for multiple trustworthy trading platforms, Coinrule provides a reliable tool that can help you make the most out of the trading strategies you employ.