The world of trading in cryptocurrency is quite thrilling however, it can be time-consuming and overwhelming for many traders. This is the point where Coinrule comes in. Coinrule provides an efficient tool for trading that helps traders stick to their cryptocurrency strategy without the need to constantly keep track of the market. It is easy to use, even for those with no programming knowledge, and provides a variety of features that can boost you trading experience to next level.
Coinrule was established in the year the year 2017 London by a group of cryptocurrency and blockchain enthusiasts. The company aims at making trading cryptocurrency less tedious by providing an automated trading platform that is able to integrate securely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over the amount it had set for.
One of the main advantages of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be highly volatile and it is often hard for trader to keep track of the ever-changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that match their plan of action. This means that traders can set their cryptocurrency trading on autopilot and not have to go through charts for hours.
Coinrule has integrated trading strategies that traders can choose from. There are over 150 trading rules to pick from that make it simple for both experienced and novice traders to discover a strategy that works for them. Furthermore, traders are able to pause rules at any time and will be sent daily emails with trading signals which can assist them in adjusting their strategies to market conditions.
Another excellent feature of Coinrule is the possibility of backtesting. Traders can test out their trading strategy with historical market data by using TradingView. You can choose the currency they plan to trade, the desired time frame and trading strategy, and then determine how many trades that the strategy opened and closed, as well as its net profits, the percentage of profit, maximum drawdown, and profit percentage. This can be an effective method to boost a trader’s confidence in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to connect 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 range from $0 to $499.99 per month. traders are able to pay each month or annually. Annual plans provide discounts up to 25 percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest level. With features such as automatized trading, integrated trading strategies as well as backtesting options, and support for a variety of trusted exchanges, Coinrule provides a reliable instrument that can help you make the most out of any trading plan.