The world of cryptocurrency trading can be quite 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 can help traders stick to their cryptocurrency strategy without having to constantly be on the lookout for market trends. It is easy to use, even for people with no programming knowledge, and provides many options to take you trading experience to highest level.
Coinrule was established in 2017 in London by a group of crypto and blockchain enthusiasts. The company’s mission is at making trading cryptocurrencies less tedious by providing an automated platform for trading that can integrate safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its target.
One of the main advantages of Coinrule is its user-friendly automated trading. The market for cryptocurrency is very volatile and it can be difficult for traders to keep track of 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 allows traders to put their cryptocurrency trading on autopilot and not have to go through charts for hours.
Coinrule provides built-in trading strategies that traders can choose from. There are more than 150 rules available that make it simple for both novice and experienced traders to find the best strategy for them. In addition, traders can stop rules at any time, and will be sent daily emails with trading signals to help them adapt their strategies to market conditions.
Another excellent feature of Coinrule is the possibility of backtesting. The traders can test their trading strategy on historical market data using TradingView. You can choose the currency they intend to trade and the time frame they want to use as well as the strategy for trading and check how many trades the strategy has opened and closed and also profits net, percentage of profitability maximum drawdown, as well as profit factor. This can be a helpful instrument to increase confidence of traders in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Pro, and Trader, with different options for traders at all levels. Prices range from $0 through $499.99 per month, and traders are able to pay monthly or annually. The yearly plans offer discounts up to 25 percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the highest level. With features such as automatized trading, integrated strategies for trading, backtesting opportunities, and the ability to support multiple trusted trading platforms, Coinrule can be a powerful instrument that can assist you in making the most of the trading strategies you employ.