The world of trading cryptocurrency can be very exciting however, it can become time-consuming and stressful to many investors. This is where Coinrule is able to help. Coinrule provides an efficient trading tool that can help traders adhere to their cryptocurrency strategy without having to constantly be on the lookout for market trends. It is easy to use, even for people with no programming experience, and offers various options to take you trading experience to highest step.
Coinrule was established in 2017 in London by a group of cryptocurrency and blockchain enthusiasts. Its goal is to make trading in cryptocurrencies easier by offering an automated platform for trading that can integrate safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than the amount it had set for.
One of the key advantages of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be very volatile and it is often difficult for traders to keep up with the ever-changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that fit into their strategy. 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 select from. There are more than 150 rules available, making it easy for both novice and experienced traders to discover an approach that is suitable for them. In addition, traders can stop rules at any point, and they will receive free daily emails with trading signals to help them adapt their strategy to the market.
Another wonderful feature of Coinrule is its backtesting opportunities. Investors can test their trading strategy on historical market data using TradingView. They can choose the cryptocurrency they plan to trade and the time frame they want to use, and the trading strategy to check how many trades the strategy has opened and closed and also profits net, the percentage of profitability as well as the maximum drawdown and profit percentage. This is a useful method to boost the trust of traders 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. So, traders are able to integrate Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Trader, and Pro, offering different options to traders at all levels. Prices vary from $0 through $499.99 per month. traders are able to pay either monthly or annually. The annual plans can offer discounts of up to 25%.
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 automatic trading and built-in trading strategies as well as backtesting options, and the ability to support multiple trusted exchanges, Coinrule can be a powerful instrument that can aid you in making the most out of the trading strategies you employ.