The world of trading cryptocurrency is quite thrilling However, it can become time-consuming and stressful in the eyes of many trader. This is the point where Coinrule is able to help. Coinrule provides an efficient trading tool that helps traders stick to their cryptocurrency strategy without having to continuously keep track of the market. It’s simple to use, even for people 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 2017 London by a group of crypto and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrency more efficient by providing an automated platform for trading that can integrate safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above its target.
One of the most important aspects of Coinrule is the easy to use automated trading. The market for cryptocurrency is very 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 analyzes the market and then makes trades that match their strategy. This means that traders can set their cryptocurrency trading to autopilot and not look over charts for hours.
Coinrule has integrated trading strategies that traders can select from. There are over 150 rules to choose from that make it simple for both novice and experienced traders to find the best strategy for them. Furthermore, traders are able to pause rules at any time and will be sent daily emails that contain trading signals which can assist them in adjusting their strategy to the market.
Another great feature of Coinrule is its backtesting opportunities. Traders can test out their trading strategies based on historical market data using TradingView. They can select the coin they plan to trade, the desired time frame as well as the strategy for trading, and then see how many trades were opened and closed and also the net profit, percentage of profit maximum drawdown, as well as profit percentage. This can be a helpful tool for increasing 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. So, traders are able to use Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Trader, and Pro, with different options for traders of all levels. Prices range from $0 and up to $499.99 per month. traders have the option of paying each month or annually. The annual plans can offer discounts of up to 25 percent.
In the end, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest level. With features such as automated trading, built-in trading strategies with backtesting capabilities, as well as support for multiple trustworthy trading platforms, Coinrule provides a reliable tool that will assist you in making the most out of any trading plan.