The world of trading cryptocurrency can be very 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 helps traders stick to their cryptocurrency strategy without having to constantly monitor the markets. It is easy to use even for those without coding expertise, and comes with many options to take your trading to the next step.
Coinrule was established in the year 2017 in London by a team of crypto and blockchain enthusiasts. The company’s mission is create a system that makes trading cryptocurrencies less tedious by providing an automated platform for trading that can integrate safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its target.
One of the key features of Coinrule is its easy to use automated trading. The cryptocurrency markets can be very volatile and it can be hard for trader to keep track of the constantly changing charts. Coinrule lets traders set up trading rules and then examines the market and make trades that match their plan of action. This means that traders can place their cryptocurrency trading to autopilot, and not go through charts for hours.
Coinrule has integrated trading strategies that traders can choose from. There are more than 150 rules to choose from which makes it simple for both experienced and novice traders to find the best strategy for them. In addition, traders can stop rules at any time and they will receive free daily emails with signals for trading to help them adapt their strategy according to the changing market.
Another excellent aspect of Coinrule is its backtesting opportunities. Investors can test their trading strategy on historical market data using TradingView. They can choose the cryptocurrency they plan to trade and the time frame they want to use and trading strategy and check how many trades the strategy has opened and closed in addition to the net profit, the percentage of profitability, maximum drawdown, and the profit ratio. This can be a helpful instrument to increase a trader’s confidence in the trading rules they design.
Coinrule is also compatible with a variety of reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can use Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Trader, and Pro, with different options for traders of all levels. Prices start at $0 and go up through $499.99 per month, and traders have the option of paying monthly or annually. Annual plans provide discounts up to 25%.
In the end, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the next level. With features such as automatic trading and built-in trading strategies with backtesting capabilities, as well as support for multiple trustworthy exchanges, Coinrule can be a powerful tool that will aid you in making the most of any trading plan.