The world of trading in cryptocurrency can be quite exciting However, it can be time-consuming and overwhelming to many investors. This is the point where Coinrule comes in. Coinrule provides an efficient tool for trading that helps traders adhere to their cryptocurrency strategy without having to constantly keep track of the market. It’s simple to use even for people with no programming expertise, and comes with many options that will take your trading to the next step.
Coinrule was established in the year 2017 London by a group of cryptocurrency and blockchain enthusiasts. Its goal is to make trading in cryptocurrency more efficient by providing an automated trading platform that is able to integrate securely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above its target.
One of the most important advantages of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is extremely volatile, and it is often hard for trader to keep up with the constantly changing charts. Coinrule allows traders to create trading rules, and then monitors the market and makes trades that match their strategy. This means that traders can place their cryptocurrency trading up to run on autopilot and not have to look over charts for hours.
Coinrule provides built-in trading strategies that traders can choose from. There are more than 150 rules to choose from that make it simple for both experienced and novice traders to find the best strategy for them. Furthermore, traders are able to pause rules at any time, and they will receive free daily emails that contain trading signals which can assist them in adjusting their strategy according to the changing market.
Another excellent feature of Coinrule is its backtesting opportunities. Traders can test out their trading strategy with historical market data by using TradingView. They can choose the cryptocurrency they intend to trade and the time frame they want to use as well as the strategy for trading, and then see how many trades were opened and closed in addition to its net profits, the percentage of profit maximum drawdown, as well as profit percentage. This can be a helpful instrument to increase confidence of traders in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can integrate Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader offering different options to traders of all levels. Prices range from $0 and up to $499.99 per month, and traders can choose to pay each month or annually. Annual plans provide discounts of up to percent.
All in all, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest possible level. With features such as automatized trading, integrated trading strategies, backtesting opportunities, and support for a variety of trusted exchanges, Coinrule provides a reliable tool that can help you make the most of your trading strategy.