The world of trading in cryptocurrency can be very exciting However, it can be time-consuming and overwhelming for many traders. This is where Coinrule is able to help. Coinrule provides an efficient trading tool that can help traders stick to their crypto strategy without having to continuously monitor the markets. It’s easy to use, even for those without coding expertise, and comes with a variety of options that will take your trading to the highest step.
Coinrule was established in the year 2017 , in London by a team of cryptocurrency and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrencies less tedious by providing an automated platform for trading which can be integrated safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its goal.
One of the most important aspects of Coinrule is the easy to use automated trading. The market for cryptocurrency is very volatile and it can be challenging for investors to stay track of the constantly changing charts. Coinrule lets traders create trading rules, and then monitors the market and makes trades that fit into their strategies. This means that traders are able to set their cryptocurrency trading on autopilot, and not look over charts for hours.
Coinrule provides built-in trading strategies that traders can pick from. There are over 150 trading rules to pick from, making it easy for both novice and experienced traders to choose a strategy that works for them. Additionally, traders can pause rules at any point, and they will receive free daily emails that contain trading signals that can help them adjust their strategy according to the changing market.
Another excellent aspect of Coinrule is the possibility of backtesting. The traders can test their trading rules by using historical market data in TradingView. They can choose the cryptocurrency they intend to trade as well as the timeframe they wish to trade and trading strategy, and then check how many trades the strategy has opened and closed, as well as its net profits, percentage of profitability, maximum drawdown, and profit factor. This can be an effective method to boost confidence of traders in their trading strategies they develop.
Coinrule also supports multiple trustworthy 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 at all levels. Prices range from $0 through $499.99 per month. traders have the option of paying monthly or annually. The yearly plans offer discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the highest level. With features like automatized trading, integrated trading strategies as well as backtesting options, and the ability to support multiple trusted trading platforms, Coinrule is a robust tool that will aid you in making the most of your trading strategy.