The world of trading cryptocurrency can be very exciting However, it can become time-consuming and stressful to many investors. This is the point where Coinrule is able to help. Coinrule provides an efficient tool for trading that helps traders stick to their cryptocurrency strategy without having to constantly be on the lookout for market trends. It’s easy to use even for those with no programming experience, and offers a variety of features that can boost you trading experience to next step.
Coinrule was established in the year the year 2017 London by a group of crypto and blockchain enthusiasts. Its goal is at making trading cryptocurrencies more efficient by providing an automated trading platform which can be integrated safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over the amount it had set for.
One of the most important advantages of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be very volatile and it can be difficult for traders to keep up with the ever-changing charts. Coinrule allows traders to create trading rules, and then monitors the market and makes trades that fit into their plan of action. This means that traders can put their cryptocurrency trading up to run on autopilot and not look over charts for hours.
Coinrule also offers built-in trading strategies that traders can choose from. There are over 150 rules to choose from, making it easy for both novice and experienced traders to choose a strategy that works for them. Additionally, traders can pause rules at any point, and will be sent daily emails with signals for trading to help them adapt their strategies to market conditions.
Another great characteristic of Coinrule is the possibility of backtesting. Traders can test out their trading rules by using historical market data in TradingView. They can choose the cryptocurrency they intend to trade, the desired time frame, and the trading strategy to determine how many trades that the strategy has opened and closed and also the net profit, the percentage of profit as well as the maximum drawdown and profit factor. This is a useful method to boost the trust of traders in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to connect Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Pro, and Trader, offering different options to traders of all levels. Prices start at $0 and go up through $499.99 per month. traders are able 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 take your cryptocurrency trading to the next level. With features like automated trading, built-in strategies for trading with backtesting capabilities, as well as support for a variety of trusted trading platforms, Coinrule can be a powerful tool that will aid you in making the most of any trading plan.