The world of cryptocurrency trading can be very exciting However, it can become time-consuming and stressful to many investors. This is the point where Coinrule is able to help. Coinrule provides an efficient trading tool that helps traders stick to their crypto strategy without the need to constantly keep track of the market. It’s easy to use, even for those without coding expertise, and comes with many options to take you trading experience to highest level.
Coinrule was established in 2017 in London by a team of crypto and blockchain enthusiasts. Its goal is to make trading in cryptocurrencies less tedious by providing an automated trading platform which can be integrated safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its target.
One of the key aspects of Coinrule is the easy-to-use automated trading system. The cryptocurrency markets can be very volatile and it is often hard for trader to keep track of the constantly changing charts. Coinrule allows traders to set up trading rules and then examines the market and make trades that are compatible with their strategy. This allows traders to set their cryptocurrency trading on autopilot and not 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 find the best strategy for them. Additionally, traders can pause rules at any point, and receive daily emails that contain trading signals that can help them adjust their strategies to market conditions.
Another wonderful feature of Coinrule is its backtesting opportunities. Traders can test out their trading rules on historical market data using TradingView. You can choose the currency they intend to trade, the desired time frame, and the trading strategy to check how many trades the strategy has opened and closed and also profits net, the percentage of profit maximum drawdown, as well as profit factor. This is a useful tool for increasing confidence 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 use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Pro, and Trader, with a variety of options for traders of all levels. Prices start at $0 and go up to $499.99 per month. traders can choose to pay each month or annually. The annual plans can offer discounts up to 25%.
Overall, 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 automatic trading and built-in strategies for trading, backtesting opportunities, and the ability to support multiple trusted cryptocurrency exchanges Coinrule is a robust tool that will assist you in making the most out of your trading strategy.