The world of trading cryptocurrency can be quite exciting However, it can be time-consuming and overwhelming for many traders. This is the point where Coinrule is able to help. Coinrule provides an efficient trading tool that can help traders adhere to their cryptocurrency strategy without the need to constantly monitor the markets. It’s simple to use, even for people with no programming experience, and offers various features that can boost your trading to the next level.
Coinrule was established in the year 2017 in London by a team of blockchain and cryptocurrency enthusiasts. The company aims create a system that makes trading cryptocurrency more efficient by providing an automated platform for trading that can integrate safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over its goal.
One of the most important features of Coinrule is its easy to use automated trading. The market for cryptocurrency is extremely volatile, and it is often 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 fit into their strategies. This means that traders can place their cryptocurrency trading to autopilot and not look over charts for hours.
Coinrule also offers integrated trading strategies that traders can pick from. There are over 150 trading rules to pick from which makes it simple for both experienced and novice traders to choose the best strategy for them. Additionally, traders can pause rules at any time, and they will receive free daily emails that contain trading signals that can help them adjust their strategy to the market.
Another wonderful feature of Coinrule is the possibility of backtesting. The traders can test their trading strategies based on historical market data using TradingView. You can choose the currency they will be trading as well as the timeframe they wish to trade as well as the strategy for trading, and then see how many trades the strategy has opened and closed in addition to profits net, the percentage of profit as well as the maximum drawdown and profit factor. This is a useful tool for increasing the trust of traders in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to integrate Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Trader, and Pro, with different options for traders of all levels. Prices vary from $0 to $499.99 per month, and traders are able 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 like automatic trading and built-in strategies for trading as well as backtesting options, and support for multiple trustworthy cryptocurrency exchanges Coinrule can be a powerful tool that can help you make the most out of your trading strategy.