The world of trading in cryptocurrency is quite thrilling, but it can also be time-consuming and overwhelming to many investors. This is the point 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’s easy to use even for those with no programming experience, and offers many options to take you trading experience to next level.
Coinrule was established in the year the year 2017 London by a group of crypto and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrencies less tedious by providing an automated platform for trading that is able to integrate securely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its target.
One of the key aspects of Coinrule is the easy to use automated trading. The market for cryptocurrency is highly volatile and it can be hard for trader to keep up with the constantly changing charts. Coinrule lets traders set up trading rules and then monitors the market and makes trades that match their plan of action. This allows traders to set their cryptocurrency trading to autopilot, and not spend hours poring over charts.
Coinrule has integrated trading strategies that investors can pick from. There are over 150 rules available which makes it simple for both novice and experienced traders to discover the best strategy for them. Additionally, traders can pause rules at any time and will be sent daily emails with signals for trading that can help them adjust their strategy according to the changing market.
Another wonderful aspect of Coinrule is its backtesting opportunities. Traders can test out their trading strategy by using historical market data in TradingView. They can select the coin they intend to trade, the desired time frame, and the trading strategy to see how many trades were opened and closed and also its net profits, percentage of profitability as well as the maximum drawdown and profit factor. This is a useful instrument to increase confidence of traders in their trading strategies they develop.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to use Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Pro, and Trader with a variety of options for traders of all levels. Prices range from $0 through $499.99 per month, and traders can choose to pay either monthly or annually. The yearly plans offer discounts of up to%.
Overall, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest possible level. With features like automatic trading and built-in trading strategies with backtesting capabilities, as well as support for a variety of trusted trading platforms, Coinrule provides a reliable instrument that can help you make the most out of any trading plan.