The world of cryptocurrency trading can be quite exciting However, it can be time-consuming and overwhelming to many investors. This is where Coinrule comes in. Coinrule provides an efficient trading tool that can help traders stick to their cryptocurrency strategy without having to continuously be on the lookout for market trends. It is easy to use even for people with no programming knowledge, and provides various features that can take trades to the highest step.
Coinrule was established in 2017 in London by a team of crypto and blockchain enthusiasts. The company aims at making trading cryptocurrencies easier by offering an automated platform for trading that is able to integrate securely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above its goal.
One of the key advantages of Coinrule is its easy to use automated trading. The cryptocurrency markets can be very volatile and it can be challenging for investors to stay track of the ever-changing charts. Coinrule allows traders to set up trading rules and then monitors the market and makes trades that are compatible with their plan of action. This means that traders are able to place their cryptocurrency trading up to run on autopilot and not look over charts for hours.
Coinrule provides integrated trading strategies that investors can choose from. There are over 150 rules available, making it easy for both experienced and novice traders to choose an approach that is suitable for them. Additionally, traders can pause rules at any time, and will be sent daily emails with trading signals that can help them adjust their strategy to the market.
Another excellent characteristic of Coinrule is its backtesting opportunities. Traders can test out their trading rules on historical market data using TradingView. They can choose the cryptocurrency they will be trading as well as the timeframe they wish to trade as well as the strategy for trading to check how many trades were opened and closed and also the net profit, the percentage of profitability, maximum drawdown, and the profit ratio. This can be an effective tool for increasing 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 offers four pricing levels including Starter, Hobbyist Trader, and Pro, offering different options to traders at all levels. Prices start at $0 and go up and up to $499.99 per month. traders can choose to pay each month or annually. Annual plans provide discounts of up to percent.
Overall, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest level. With features like automated trading, built-in strategies for trading as well as backtesting options, and the ability to support multiple trusted exchanges, Coinrule can be a powerful instrument that can assist you in making the most of your trading strategy.