The world of cryptocurrency trading can be very exciting, but it can also 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 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 experience, and offers a variety of options that will take your trading to the highest step.
Coinrule was founded in 2017 in London by a group of cryptocurrency and blockchain enthusiasts. Its goal is at making trading cryptocurrency less tedious by providing an automated platform for trading that is able to integrate securely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, greater than 200% over its target.
One of the key advantages of Coinrule is its user-friendly automated trading. The cryptocurrency markets can be very volatile and it is often hard for trader to keep track of the constantly changing charts. Coinrule allows traders to create trading rules, and then monitors the market and makes trades that fit into their strategies. This allows traders to place their cryptocurrency trading to autopilot and not have to spend hours poring over charts.
Coinrule also offers integrated trading strategies that investors can select from. There are more than 150 rules available, making it easy for both experienced and novice traders to discover an approach that is suitable for them. Furthermore, traders are able to pause rules at any time and receive daily emails that contain trading signals to help them adapt their strategy according to the changing market.
Another excellent characteristic of Coinrule is its backtesting capabilities. Traders can test out their trading strategies based on historical market data using TradingView. They can choose the cryptocurrency they plan to trade, the desired time frame and trading strategy to check how many trades the strategy opened and closed, as well as profits net, the percentage of profit as well as the maximum drawdown and profit factor. This can be an effective instrument to increase a trader’s confidence in their trading strategies they develop.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to use Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers including Starter, Hobbyist Trader, and Pro, offering different options to traders of all levels. Prices start at $0 and go up through $499.99 per month. traders can choose to pay either monthly or annually. The annual plans can offer discounts of up to 25%.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest possible level. With features such as automatic trading and built-in trading strategies as well as backtesting options, and support for a variety of trusted cryptocurrency exchanges Coinrule can be a powerful instrument that can aid you in making the most of the trading strategies you employ.