The world of trading cryptocurrency is quite thrilling however, it can become time-consuming and stressful in the eyes of many trader. This is where Coinrule comes in. Coinrule provides an efficient trading tool that helps traders stick to their cryptocurrency strategy without having to continuously keep track of the market. It’s simple to use, even for people with no programming experience, and offers a variety of options to help you take your trading to the next level.
Coinrule was established in 2017 in London by a group of crypto and blockchain enthusiasts. Its goal is at making trading cryptocurrencies more efficient by providing an automated trading platform that can integrate safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its goal.
One of the most important aspects of Coinrule is the easy-to-use automated trading system. The market for cryptocurrency is extremely volatile, and it can be hard for trader to keep up with the constantly changing charts. Coinrule lets traders set up trading rules and then examines the market and make trades that are compatible with their plan of action. This means that traders can put their cryptocurrency trading up to run on autopilot and not have to spend hours poring over charts.
Coinrule has integrated trading strategies that traders can select from. There are more than 150 rules available, 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 point, and will be sent daily emails that contain trading signals to help them adapt their strategy to the market.
Another great feature of Coinrule is its backtesting capabilities. Investors can test their trading strategies based with historical market data by using TradingView. You can choose the currency they intend to trade, the desired time frame, and the trading strategy and check how many trades were opened and closed, as well as its net profits, the percentage of profit, maximum drawdown, and the profit ratio. This can be an effective tool for increasing a trader’s confidence 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. This means that traders can integrate Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Trader, and Pro, with different options for traders of all levels. Prices vary from $0 and up to $499.99 per month, and traders are able to pay 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 possible level. With features such as automated trading, built-in strategies for trading as well as backtesting options, and the ability to support multiple trusted trading platforms, Coinrule can be a powerful tool that will aid you in making the most out of your trading strategy.