The world of trading in cryptocurrency can be very exciting However, it can be time-consuming and overwhelming to many investors. This is the point where Coinrule is able to help. Coinrule provides an efficient tool for trading that helps traders adhere to their cryptocurrency strategy without having to constantly be on the lookout for market trends. It’s simple to use, even for people with no programming knowledge, and provides many options to take your trading to the highest level.
Coinrule was established in 2017 , in London by a team of crypto and blockchain enthusiasts. Its goal is to make trading in cryptocurrencies more efficient by providing an automated trading platform that can integrate safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over the amount it had set for.
One of the key features of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be extremely volatile, and it is often difficult for traders to keep up with ever-changing charts. Coinrule lets traders set up trading rules and then monitors the market and makes trades that are compatible with their plan of action. This means that traders are able to set their cryptocurrency trading on autopilot and not have to spend hours poring over charts.
Coinrule has integrated trading strategies that traders can select from. There are over 150 trading rules to pick from, making it easy for both new and experienced traders to choose the best strategy for them. Additionally, traders can pause rules at any time and receive daily emails with trading signals which can assist them in adjusting their strategy according to the changing market.
Another excellent aspect of Coinrule is the possibility of backtesting. Traders can test out their trading strategies based with historical market data by using TradingView. They can choose the cryptocurrency they intend to trade, the desired time frame and trading strategy and check how many trades the strategy opened and closed, as well as its net profits, the percentage of profitability, maximum drawdown, and profit percentage. This can be a helpful method to boost a trader’s confidence in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can use Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Trader, and Pro, with a variety of options for traders of all levels. Prices vary from $0 through $499.99 per month, and traders can choose to pay monthly or annually. Annual plans provide discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest possible level. With features such as automated trading, built-in strategies for trading, backtesting opportunities, and the ability to support multiple trusted trading platforms, Coinrule can be a powerful instrument that can aid you in making the most out of your trading strategy.