The world of cryptocurrency trading can be quite exciting however, it can 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 can help traders adhere to their cryptocurrency strategy without having to constantly monitor the markets. It’s easy to use, even for people with no programming expertise, and comes with various options that will take trades to the next level.
Coinrule was established in 2017 in London by a group of blockchain and cryptocurrency enthusiasts. The company’s mission is create a system that makes trading cryptocurrency more efficient by providing an automated platform for trading which can be integrated safely with several 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 most important features of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is highly volatile and it is often challenging for investors to stay up with the constantly changing charts. Coinrule allows traders to establish trading rules and then examines the market and make trades that match their plan of action. This allows traders to place their cryptocurrency trading on autopilot, and not look over charts for hours.
Coinrule has built-in trading strategies that traders can pick from. There are more than 150 trading rules to pick from which makes it simple for both new and experienced traders to find an approach that is suitable for them. Furthermore, traders are able to pause rules at any time, and they will receive free daily emails that contain trading signals which can assist them in adjusting their strategy according to the changing market.
Another excellent feature of Coinrule is the possibility of backtesting. Traders can test out their trading strategies based by using historical market data in TradingView. You can choose the currency they will be trading, the desired time frame, and the trading strategy and check how many trades the strategy has opened and closed and also its net profits, the percentage of profitability, maximum drawdown, and profit percentage. This can be an effective instrument to increase a trader’s confidence in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers that include 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 are able to pay either monthly or annually. The yearly plans offer discounts of up to 25%.
All in all, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the highest possible level. With features like automated trading, built-in trading strategies, backtesting opportunities, and support for multiple trustworthy exchanges, Coinrule is a robust tool that can help you make the most of the trading strategies you employ.