The world of cryptocurrency trading can be very exciting However, it can become time-consuming and stressful for many traders. This is where Coinrule comes in. Coinrule provides an efficient trading tool that helps traders stick to their cryptocurrency strategy without having to continuously keep track of the market. It is easy to use even for those without coding expertise, and comes with a variety of features that can take trades to the next level.
Coinrule was established in the year 2017 in London by a team of crypto and blockchain enthusiasts. The company aims at making trading cryptocurrency easier by offering an automated platform for trading that is able to integrate securely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its target.
One of the key 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 the ever-changing charts. Coinrule lets traders set up trading rules and then examines the market and make trades that fit into their strategy. This means that traders are able to set their cryptocurrency trading to autopilot and not spend hours poring over charts.
Coinrule also offers built-in trading strategies that traders can choose from. There are over 150 trading rules to pick from which makes it simple for both novice and experienced traders to choose an approach that is suitable for them. In addition, traders can stop rules at any time, and receive daily emails with trading signals that can help them adjust their strategies to market conditions.
Another excellent characteristic of Coinrule is its backtesting capabilities. The traders can test their trading rules by using historical market data in TradingView. You can choose the currency they will be trading as well as the timeframe they wish to trade and trading strategy and check how many trades were opened and closed, as well as the net profit, percentage of profit as well as the maximum drawdown and profit percentage. This is a useful instrument to increase confidence of traders in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Pro, and Trader, offering different options to traders of all levels. Prices range from $0 through $499.99 per month. traders can choose to pay either monthly or annually. Annual plans provide discounts of up to percent.
Overall, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest level. With features like automated trading, built-in strategies for trading as well as backtesting options, and the ability to support multiple trusted trading platforms, Coinrule is a robust tool that will help you make the most out of any trading plan.