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 comes in. Coinrule provides an efficient trading tool that helps traders stick to their crypto strategy without having to constantly monitor the markets. It is easy to use even for people with no programming expertise, and comes with various options that will boost your trading to the next step.
Coinrule was established in the year 2017 in London by a team of cryptocurrency and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrencies more efficient by providing an automated platform for trading which can be integrated safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its goal.
One of the key advantages of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be very volatile and it is often challenging for investors to stay track of the constantly changing charts. Coinrule allows traders to create trading rules, and then examines the market and make trades that fit into their plan of action. This means that traders can place their cryptocurrency trading up to run on autopilot and not have to go through charts for hours.
Coinrule provides integrated trading strategies that investors can select from. There are over 150 rules available that make it simple for both novice and experienced traders to choose the best strategy 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 strategy to the market.
Another wonderful aspect of Coinrule is the possibility of backtesting. The traders can test their trading strategy with historical market data by using TradingView. You can choose the currency they intend to trade as well as the timeframe they wish to trade and trading strategy to determine how many trades that the strategy has opened and closed in addition to its net profits, percentage of profit, maximum drawdown, and profit percentage. This can be an effective instrument to increase confidence of traders in their trading strategies they develop.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader, offering different options to traders at all levels. Prices vary from $0 through $499.99 per month, and traders are able to pay either monthly or annually. The yearly plans offer discounts up to 25%.
Overall, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest level. With features such as automated trading, built-in trading strategies, backtesting opportunities, and the ability to support multiple trusted exchanges, Coinrule can be a powerful tool that will aid you in making the most of the trading strategies you employ.