The world of trading cryptocurrency can be quite exciting However, it can become time-consuming and stressful to many investors. This is where Coinrule comes in. Coinrule provides an efficient trading tool that can help traders adhere to their cryptocurrency strategy without having to constantly monitor the markets. It’s simple to use, even for those without coding knowledge, and provides many options that will take your trading to the next level.
Coinrule was established in 2017 in London by a group of blockchain and cryptocurrency enthusiasts. The company’s mission is to make trading in cryptocurrencies more efficient by providing an automated platform for trading that can integrate safely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its goal.
One of the most important advantages of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be highly volatile and it can be difficult for traders to keep up with ever-changing charts. Coinrule lets traders set up trading rules and then examines the market and make trades that match their strategies. This allows traders to set their cryptocurrency trading on autopilot and not look over charts for hours.
Coinrule has integrated trading strategies that traders can choose from. There are over 150 trading rules to pick from, making it easy for both new and experienced traders to discover the best strategy for them. In addition, traders can stop rules at any point, and they will receive free daily emails with trading signals that can help them adjust their strategies to market conditions.
Another great characteristic of Coinrule is its backtesting opportunities. Investors can test their trading strategy with historical market data by using TradingView. They can select the coin they plan to trade, the desired time frame and trading strategy and determine how many trades that the strategy opened and closed, as well as its net profits, percentage of profit maximum drawdown, as well as profit percentage. This can be an effective tool for increasing a trader’s confidence 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 integrate Coinrule seamlessly with these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Trader, and Pro, with different options for traders of all levels. Prices range from $0 and up to $499.99 per month, and traders are able to pay each month or annually. The yearly plans offer discounts up to 25 percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the next level. With features such as automated trading, built-in trading strategies as well as backtesting options, and the ability to support multiple trusted cryptocurrency exchanges Coinrule is a robust instrument that can assist you in making the most out of the trading strategies you employ.