The world of cryptocurrency trading can be very exciting However, it can be time-consuming and overwhelming for many traders. 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 constantly keep track of the market. It is easy to use, even for those without coding experience, and offers a variety of options to take you trading experience to highest step.
Coinrule was established in 2017 , in London by a team of cryptocurrency and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrencies less tedious by providing an automated trading platform that can integrate safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than the amount it had set for.
One of the key advantages of Coinrule is its easy to use automated trading. The cryptocurrency markets can be highly volatile and it is often challenging for investors to stay track of the constantly changing charts. Coinrule lets traders set up trading rules and then analyzes the market and then makes trades that match their strategy. This means that traders are able to set their cryptocurrency trading on autopilot, and not spend hours poring over charts.
Coinrule has integrated trading strategies that traders can pick from. There are over 150 rules to choose from that make it simple for both new 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 to help them adapt their strategy to the market.
Another excellent feature of Coinrule is the possibility of backtesting. Investors can test their trading strategies based on historical market data using TradingView. They can choose the cryptocurrency they intend to trade, the desired time frame and trading strategy to determine how many trades that the strategy has opened and closed, as well as the net profit, the percentage of profit as well as the maximum drawdown and the profit ratio. This is a useful instrument to increase a trader’s confidence in their trading strategies they develop.
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 provides four pricing levels, Starter, Hobbyist, Pro, and Trader, with a variety of options for traders at all levels. Prices vary from $0 and up to $499.99 per month. traders have the option of paying either monthly or annually. The annual plans can offer discounts up to 25%.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the next level. With features such as automated trading, built-in trading strategies, backtesting opportunities, and support for a variety of trusted cryptocurrency exchanges Coinrule can be a powerful tool that can help you make the most out of your trading strategy.