The world of trading in cryptocurrency can be very exciting However, it can become time-consuming and stressful 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 having to constantly keep track of the market. It’s easy to use, even for those without coding expertise, and comes with many features that can boost your trading to the highest level.
Coinrule was established in the year 2017 in London by a team of cryptocurrency and blockchain enthusiasts. Its goal is at making trading cryptocurrency less tedious by providing an automated platform for trading that can integrate safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its target.
One of the main aspects of Coinrule is the user-friendly automated trading. The cryptocurrency markets can be extremely volatile, and it is often hard for trader to keep up with constantly changing charts. Coinrule lets traders set up trading rules and then analyzes the market and then makes trades that match their strategies. This means that traders can set their cryptocurrency trading on autopilot and not have to spend hours poring over charts.
Coinrule also offers integrated trading strategies that investors can choose from. There are more than 150 rules to choose from which makes it simple for both experienced and novice traders to discover the best strategy for them. In addition, traders can stop rules at any point, and they will receive free daily emails with trading signals that can help them adjust their strategies to market conditions.
Another excellent characteristic of Coinrule is the possibility of backtesting. Traders can test out their trading strategy with historical market data by using TradingView. They can select the coin they will be trading and the time frame they want to use, and the trading strategy and see how many trades the strategy has opened and closed, as well as its net profits, percentage of profit as well as the maximum drawdown and the profit ratio. This can be a helpful 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 any of these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Pro, and Trader with different 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 monthly or annually. The annual plans can offer discounts up to 25%.
All in all, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest possible level. With features like automatized trading, integrated trading strategies with backtesting capabilities, as well as the ability to support multiple trusted trading platforms, Coinrule provides a reliable instrument that can aid you in making the most of your trading strategy.