The world of trading in cryptocurrency is quite thrilling however, it can be time-consuming and overwhelming to many investors. This is the point where Coinrule is able to help. Coinrule provides an efficient trading tool that helps traders adhere to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It’s simple to use, even for those without coding experience, and offers various options that will help you take you trading experience to highest level.
Coinrule was founded in 2017 , in London by a team of crypto and blockchain enthusiasts. Its goal is to make trading in cryptocurrencies easier by offering an automated platform for trading that can integrate safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than the amount it had set for.
One of the key features of Coinrule is its easy to use automated trading. The cryptocurrency markets can be extremely volatile, and it can be difficult for traders to keep track of the ever-changing charts. Coinrule lets traders set up trading rules and then examines the market and make trades that match their strategy. This means that traders are able to set their cryptocurrency trading to autopilot, and not spend hours poring over charts.
Coinrule also offers built-in trading strategies that traders can choose from. There are more than 150 rules to choose from, making it easy for both new and experienced traders to find a strategy that works for them. Additionally, traders can pause rules at any time, and receive daily emails with trading signals that can help them adjust their strategies to market conditions.
Another wonderful characteristic of Coinrule is its backtesting opportunities. The traders can test their trading strategies based by using historical market data in TradingView. They can choose the cryptocurrency they intend to trade, the desired time frame and trading strategy to determine how many trades that the strategy has opened and closed and also its net profits, the percentage of profit maximum drawdown, as well as the profit ratio. This can be an effective instrument to increase confidence of traders in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can 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 at all levels. Prices range from $0 through $499.99 per month. traders can choose to pay either monthly 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 next level. With features like automatized trading, integrated trading strategies, backtesting opportunities, and the ability to support multiple trusted exchanges, Coinrule provides a reliable tool that will aid you in making the most of any trading plan.