The world of cryptocurrency trading can be quite exciting however, it can be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule comes in. Coinrule provides an efficient trading tool that helps traders adhere to their cryptocurrency strategy without having to constantly monitor the markets. It’s simple to use even for those without coding experience, and offers a variety of options to take your trading to the highest step.
Coinrule was established in 2017 , in London by a group of blockchain and cryptocurrency enthusiasts. Its goal is at making trading cryptocurrencies less tedious by providing an automated platform for trading that can integrate safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over the amount it had set for.
One of the key advantages of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be highly volatile and it is often difficult for traders to keep up with ever-changing charts. Coinrule allows traders to create trading rules, and then examines the market and make trades that match their strategies. This means that traders are able to set their cryptocurrency trading up to run on autopilot and not have to spend hours poring over charts.
Coinrule provides integrated trading strategies that investors can choose from. There are more than 150 rules to choose from, making it easy for both novice and experienced traders to discover a strategy that works for them. Furthermore, traders are able to pause rules at any point, and will be sent daily emails with signals for trading which can assist them in adjusting their strategies to market conditions.
Another wonderful characteristic of Coinrule is its backtesting capabilities. The traders can test their trading rules with historical market data by using TradingView. You can choose the currency they intend to trade as well as the timeframe they wish to trade and trading strategy, and then check how many trades were opened and closed in addition to the net profit, percentage of profitability maximum drawdown, as well as profit percentage. This can be an effective instrument to increase confidence of traders in the trading rules they create.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to connect Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels that include Starter, Hobbyist Trader, and Pro, with a variety of options for traders at all levels. Prices start at $0 and go up and up to $499.99 per month, and traders can choose to pay each month or annually. The annual plans can offer discounts of up to percent.
Overall, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the next level. With features such as automated trading, built-in trading strategies, backtesting opportunities, and support for a variety of trusted cryptocurrency exchanges Coinrule is a robust instrument that can help you make the most out of your trading strategy.