The world of cryptocurrency trading can be very exciting however, it can become time-consuming and stressful in the eyes of many trader. This is the point where Coinrule is able to help. Coinrule provides an efficient trading tool that can help traders stick to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It is easy to use, even for people with no programming expertise, and comes with many options that will help you take trades to the next step.
Coinrule was established in the year 2017 London by a group of cryptocurrency and blockchain enthusiasts. Its goal is to make trading in cryptocurrency less tedious by providing an automated trading platform which can be integrated safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above the amount it had set for.
One of the most important advantages of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is highly volatile and it is often hard for trader to keep up with the constantly changing charts. Coinrule allows traders to set up trading rules and then monitors the market and makes trades that fit into their strategies. This allows traders to place their cryptocurrency trading to autopilot, and not go through charts for hours.
Coinrule provides integrated trading strategies that investors can pick from. There are more than 150 trading rules to pick from which makes it simple for both new and experienced traders to discover an approach that is suitable for them. In addition, traders can stop rules at any point, and they will receive free daily emails that contain trading signals to help them adapt their strategy to the market.
Another excellent characteristic of Coinrule is its backtesting capabilities. Traders can test out their trading strategy by using historical market data in TradingView. They can choose the cryptocurrency they plan to trade, the desired time frame as well as the strategy for trading, and then determine how many trades that were opened and closed and also the net profit, the percentage of profit maximum drawdown, as well as profit percentage. This can be a helpful method to boost the trust of traders in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Pro, and Trader, with different options for traders of all levels. Prices start at $0 and go up and up to $499.99 per month, and traders are able to pay monthly or annually. The yearly plans offer discounts of up to percent.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest possible level. With features like automatic trading and built-in strategies for trading, backtesting opportunities, and support for a variety of trusted exchanges, Coinrule can be a powerful tool that will help you make the most of any trading plan.