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 trading tool that helps traders adhere to their cryptocurrency strategy without having to continuously monitor the markets. It is easy to use even for people with no programming experience, and offers various features that can take you trading experience to next level.
Coinrule was established in the year 2017 in London by a team of blockchain and cryptocurrency enthusiasts. Its goal is to make trading in cryptocurrency easier by offering an automated trading platform that can integrate safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its target.
One of the main features of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be extremely volatile, and it can be difficult for traders to keep up with the constantly changing charts. Coinrule allows traders to set up trading rules and then analyzes the market and then makes trades that are compatible with their strategy. This means that traders can place their cryptocurrency trading on autopilot, and not spend hours poring over charts.
Coinrule has built-in trading strategies that traders can select from. There are more than 150 rules available that make it simple for both experienced and novice traders to choose 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 that can help them adjust their strategies to market conditions.
Another wonderful characteristic of Coinrule is its backtesting opportunities. Investors can test their trading strategy by using historical market data in TradingView. They can select the coin they plan to trade as well as the timeframe they wish to trade, and the trading strategy, and then determine how many trades that the strategy opened and closed, as well as profits net, the percentage of profitability as well as the maximum drawdown and the profit ratio. This is a useful method to boost 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. So, traders are able to use Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader, with a variety of options for traders of all levels. Prices vary from $0 through $499.99 per month. traders can choose to pay each month or annually. The annual plans can offer discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest level. With features like automated trading, built-in trading strategies with backtesting capabilities, as well as support for multiple trustworthy trading platforms, Coinrule is a robust instrument that can aid you in making the most out of any trading plan.