The world of trading cryptocurrency can be very exciting however, it can be time-consuming and overwhelming to many investors. This is 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 those without coding experience, and offers various features that can boost you trading experience to next level.
Coinrule was established in the year 2017 in London by a team of cryptocurrency and blockchain enthusiasts. Its goal is to make trading in cryptocurrency less tedious by providing an automated platform for trading that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its goal.
One of the most important advantages of Coinrule is its easy to use automated trading. The cryptocurrency markets can be highly volatile and it is often difficult for traders to keep track of the ever-changing charts. Coinrule allows traders to set up trading rules and then monitors the market and makes trades that are compatible with their strategy. This means that traders are able to set their cryptocurrency trading up to run on autopilot and not look over charts for hours.
Coinrule provides integrated trading strategies that traders can choose from. There are over 150 rules available 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 point, and will be sent daily emails with signals for trading that can help them adjust their strategy according to the changing market.
Another great aspect of Coinrule is its backtesting capabilities. The traders can test their trading strategy with historical market data by using TradingView. You can choose the currency they intend to trade, the desired time frame, and the trading strategy to determine how many trades that the strategy has opened and closed and also the net profit, percentage of profit maximum drawdown, as well as profit percentage. This can be an effective instrument to increase the trust of traders in the trading rules they design.
Coinrule also supports multiple trustworthy 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 offers four pricing levels including Starter, Hobbyist Pro, and Trader, offering different options to traders at all levels. Prices range from $0 through $499.99 per month, and traders are able to pay either monthly or annually. The yearly plans offer discounts of up to 25%.
In the end, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the next level. With features like automatized trading, integrated strategies for trading as well as backtesting options, and support for a variety of trusted cryptocurrency exchanges Coinrule is a robust tool that will assist you in making the most of any trading plan.