The world of cryptocurrency trading can be very exciting However, it can become time-consuming and stressful for many traders. This is where Coinrule is able to help. Coinrule provides an efficient trading tool that can help traders stick to their crypto strategy without having to continuously monitor the markets. It’s easy to use even for people with no programming expertise, and comes with a variety of features that can take you trading experience to next step.
Coinrule was established in the year 2017 in London by a group of cryptocurrency and blockchain enthusiasts. The company’s mission is at making trading cryptocurrency less tedious by providing an automated platform for trading that is able to integrate securely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than its goal.
One of the main features 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 monitors the market and makes trades that fit into their strategy. This allows traders to put their cryptocurrency trading to autopilot, and not go through charts for hours.
Coinrule has integrated trading strategies that traders can choose from. There are over 150 rules to choose from, making it easy for both new and experienced traders to choose an approach that is suitable for them. Additionally, traders can pause rules at any time and they will receive free daily emails with signals for trading which can assist them in adjusting their strategies to market conditions.
Another excellent aspect of Coinrule is its backtesting opportunities. Investors can test their trading rules with historical market data by using TradingView. You can choose the currency they plan to trade as well as the timeframe they wish to trade, and the trading strategy to see how many trades the strategy opened and closed and also its net profits, percentage of profit as well as the maximum drawdown and profit percentage. This can be a helpful tool for increasing 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 integrate Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader offering different options to traders of all levels. Prices vary from $0 and up to $499.99 per month, and traders have the option of paying each month or annually. The yearly plans offer discounts of up to 25%.
All in all, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the highest possible level. With features such as automatic trading and built-in trading strategies as well as backtesting options, and the ability to support multiple trusted cryptocurrency exchanges Coinrule can be a powerful tool that will aid you in making the most out of any trading plan.