The world of trading in cryptocurrency is quite thrilling, but it can also be time-consuming and overwhelming for many traders. This is the point where Coinrule comes in. Coinrule provides an efficient trading tool that helps traders adhere to their cryptocurrency 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 a variety of features that can boost your trading to the next step.
Coinrule was established in the year 2017 in London by a group of cryptocurrency and blockchain enthusiasts. Its goal is at making trading cryptocurrencies easier by offering an automated trading platform that can integrate safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, more than 200% above the amount it had set for.
One of the main advantages of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is very volatile and it is often hard for trader to keep track of the constantly changing charts. Coinrule lets traders create trading rules, and then analyzes the market and then makes trades that match their strategies. This allows traders to set their cryptocurrency trading up to run on autopilot and not have to go through charts for hours.
Coinrule also offers integrated trading strategies that investors can choose from. There are over 150 trading rules to pick from which makes it simple for both experienced and novice traders to find an approach that is suitable for them. Furthermore, traders are able to pause rules at any time, and will be sent daily emails that contain trading signals that can help them adjust their strategies to market conditions.
Another excellent feature of Coinrule is its backtesting opportunities. Traders can test out their trading strategies based with historical market data by using TradingView. They can select the coin they will be trading and the time frame they want to use and trading strategy and check how many trades the strategy has opened and closed and also its net profits, the percentage of profitability maximum drawdown, as well as the profit ratio. This is a useful instrument to increase the trust of traders in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges, including 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 that include Starter, Hobbyist Pro, and Trader offering different options to traders of all levels. Prices vary from $0 and up to $499.99 per month, and traders have the option of paying monthly or annually. Annual plans provide discounts of up to 25 percent.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can boost your cryptocurrency trading experience to the highest possible level. With features like automatized trading, integrated strategies for trading, backtesting opportunities, and the ability to support multiple trusted exchanges, Coinrule provides a reliable tool that will assist you in making the most out of any trading plan.