The world of trading cryptocurrency can be very exciting, but it can also become time-consuming and stressful to many investors. This is where Coinrule comes in. Coinrule provides an efficient trading tool that helps traders stick to their cryptocurrency strategy without having to constantly monitor the markets. It’s easy to use even for those with no programming expertise, and comes with many options that will boost trades to the next step.
Coinrule was established in 2017 in London by a group of blockchain and cryptocurrency enthusiasts. The company’s mission is at making trading cryptocurrency more efficient by providing an automated trading platform that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its goal.
One of the main aspects of Coinrule is the easy to use automated trading. The markets for cryptocurrency can be extremely volatile, and it is often hard for trader to keep track of the constantly changing charts. Coinrule lets traders create trading rules, and then monitors the market and makes trades that are compatible with their strategies. This means that traders can set their cryptocurrency trading to autopilot and not look over charts for hours.
Coinrule also offers built-in trading strategies that traders can select from. There are over 150 trading rules to pick from that make 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 receive daily emails that contain trading signals that can help them adjust their strategies to market conditions.
Another great characteristic of Coinrule is its backtesting capabilities. Investors can test their trading strategies based by using historical market data in TradingView. You can choose the currency they plan to trade and the time frame they want to use as well as the strategy for trading, and then see how many trades the strategy has opened and closed in addition to profits net, percentage of profit as well as the maximum drawdown and profit percentage. This is a useful instrument to increase a trader’s confidence in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Trader, and Pro, with different options for traders at all levels. Prices vary from $0 to $499.99 per month, and traders are able to pay monthly or annually. The annual plans can offer discounts up to 25 percent.
In the end, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest level. With features like automatic trading and built-in trading strategies, backtesting opportunities, and support for multiple trustworthy cryptocurrency exchanges Coinrule is a robust instrument that can aid you in making the most out of your trading strategy.