The world of trading in cryptocurrency is quite thrilling, but it can also be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule comes in. Coinrule provides an efficient trading tool that helps traders adhere to their cryptocurrency strategy without the need to constantly monitor the markets. It’s simple to use even for those without coding knowledge, and provides various features that can take you trading experience to highest step.
Coinrule was established in the year 2017 , in London by a group of blockchain and cryptocurrency enthusiasts. The company aims at making trading cryptocurrencies easier by offering an automated platform for trading that can integrate safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through 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 extremely volatile, and it can be difficult for traders to keep up with constantly changing charts. Coinrule allows traders to create trading rules, and then examines the market and make trades that are compatible with their strategy. This means that traders can put their cryptocurrency trading to autopilot and not go through charts for hours.
Coinrule has built-in trading strategies that traders can pick from. There are more than 150 rules available that make it simple for both experienced and novice traders to discover the best strategy for them. Additionally, traders can pause rules at any time, and will be sent daily emails with signals for trading to help them adapt their strategies to market conditions.
Another wonderful aspect of Coinrule is its backtesting opportunities. Traders can test out their trading strategies based by using historical market data in TradingView. You can choose the currency they will be trading and the time frame they want to use as well as the strategy for trading and determine how many trades that were opened and closed in addition to the net profit, the percentage of profitability maximum drawdown, as well as profit percentage. This can be an effective tool for increasing a trader’s confidence in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to use Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Pro, and Trader 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 yearly plans offer discounts up to 25%.
Overall, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest level. With features like automatized trading, integrated trading strategies as well as backtesting options, and support for multiple trustworthy cryptocurrency exchanges Coinrule is a robust instrument that can aid you in making the most of the trading strategies you employ.