The world of cryptocurrency trading is quite thrilling however, it can be time-consuming and overwhelming for many traders. This is where Coinrule comes in. Coinrule provides an efficient trading tool that helps traders adhere to their cryptocurrency strategy without the need to constantly monitor the markets. It is easy to use, even for those with no programming knowledge, and provides many options that will boost your trading to the highest level.
Coinrule was founded in 2017 in London by a team of blockchain and cryptocurrency enthusiasts. The company aims create a system that makes trading cryptocurrencies less tedious by providing an automated trading platform that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over the amount it had set for.
One of the most important advantages of Coinrule is its easy-to-use automated trading system. The cryptocurrency markets can be very volatile and it is often challenging for investors to stay up with the ever-changing charts. Coinrule allows traders to create trading rules, and then monitors the market and makes trades that are compatible with their strategies. This allows traders to put their cryptocurrency trading to autopilot and not have to look over charts for hours.
Coinrule provides integrated trading strategies that traders can select from. There are more than 150 rules to choose from, making it easy for both experienced and novice traders to find a strategy that works for them. Additionally, traders can pause rules at any time and they will receive free daily emails with signals for trading to help them adapt their strategy to the market.
Another excellent feature of Coinrule is its backtesting capabilities. Traders can test out their trading rules on historical market data using TradingView. You can choose the currency they will be trading, the desired time frame and trading strategy and see how many trades the strategy opened and closed and also the net profit, percentage of profitability as well as the maximum drawdown and profit factor. This can be a helpful method to boost confidence of traders in the trading rules they create.
Coinrule is also compatible with a variety of reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can use Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Trader, and Pro, 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 annual plans can offer discounts up to 25 percent.
In the end, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the next level. With features such as automated trading, built-in trading strategies, backtesting opportunities, and the ability to support multiple trusted cryptocurrency exchanges Coinrule can be a powerful instrument that can aid you in making the most of any trading plan.