The world of cryptocurrency trading can be quite exciting However, it can become time-consuming and stressful in the eyes of many trader. This is the point where Coinrule is able to help. Coinrule provides an efficient tool for trading that helps traders stick to their crypto strategy without the need to constantly keep track of the market. It is easy to use, even for people with no programming experience, and offers a variety of features that can take trades to the highest level.
Coinrule was founded in 2017 in London by a group of cryptocurrency and blockchain enthusiasts. The company aims at making trading cryptocurrencies easier by offering 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 over 200% more than the amount it had set for.
One of the main advantages of Coinrule is its easy-to-use automated trading system. The markets for cryptocurrency can be highly volatile and it can be difficult for traders to keep track of the ever-changing charts. Coinrule allows traders to establish trading rules and then examines the market and make trades that fit into their strategies. This means that traders are able to set their cryptocurrency trading to autopilot and not have to go through charts for hours.
Coinrule has integrated trading strategies that traders can choose from. There are more than 150 rules available that make it simple for both experienced and novice traders to discover an approach that is suitable for them. Furthermore, traders are able to pause 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 wonderful aspect of Coinrule is the possibility of backtesting. The traders can test their trading rules by using historical market data in TradingView. They can select the coin they intend to trade and the time frame they want to use, and the trading strategy, and then see how many trades the strategy opened and closed in addition to profits net, percentage of profitability, maximum drawdown, and profit factor. This can be a helpful tool for increasing 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. This means that traders can integrate Coinrule seamlessly with any of these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader, offering different options to traders at all levels. Prices start at $0 and go up to $499.99 per month, and traders have the option of paying monthly 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 boost your cryptocurrency trading experience to the highest possible level. With features like automatic trading and built-in strategies for trading with backtesting capabilities, as well as support for a variety of trusted exchanges, Coinrule can be a powerful tool that can help you make the most of the trading strategies you employ.