The world of trading cryptocurrency can be very exciting However, it can be time-consuming and overwhelming for many traders. 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 options that will boost trades to the highest step.
Coinrule was established in the year 2017 in London by a group of crypto and blockchain enthusiasts. Its goal is to make trading in cryptocurrencies easier by offering an automated platform for trading that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above the amount it had set for.
One of the key advantages of Coinrule is its user-friendly automated trading. The markets for cryptocurrency 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 analyzes the market and then makes trades that are compatible with their strategies. This means that traders can set their cryptocurrency trading to autopilot and not have to spend hours poring over charts.
Coinrule has built-in trading strategies that traders can select from. There are more than 150 rules to choose from, making it easy for both new and experienced traders to find the best strategy for them. Furthermore, traders are able to pause rules at any point, and will be sent daily emails that contain trading signals to help them adapt their strategies to market conditions.
Another great feature of Coinrule is its backtesting opportunities. Traders can test out their trading strategies based with historical market data by using TradingView. You can choose the currency they will be trading and the time frame they want to use and trading strategy to see how many trades the strategy opened and closed in addition to profits net, the percentage of profitability, maximum drawdown, and profit percentage. This can be a helpful instrument to increase a trader’s confidence in their trading strategies they develop.
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 connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Trader, and Pro, with different options for traders of all levels. Prices range from $0 through $499.99 per month, and traders can choose to pay either monthly or annually. The annual plans can offer discounts up to 25%.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the next level. With features such as automated trading, built-in strategies for trading with backtesting capabilities, as well as the ability to support multiple trusted trading platforms, Coinrule is a robust tool that will help you make the most of the trading strategies you employ.