The world of trading cryptocurrency is quite thrilling 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 can help traders adhere to their cryptocurrency strategy without having to constantly be on the lookout for market trends. It’s easy to use even for those with no programming experience, and offers many options to take trades to the highest step.
Coinrule was established in the year the year 2017 London by a group of cryptocurrency and blockchain enthusiasts. The company aims create a system that makes trading cryptocurrency less tedious by providing an automated platform for trading which can be integrated safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over the amount it had set for.
One of the main features of Coinrule is its easy to use automated trading. The cryptocurrency markets can be highly volatile and it is often challenging for investors to stay up with 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 are able to place their cryptocurrency trading to autopilot and not go through charts for hours.
Coinrule has built-in 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. In addition, traders can stop rules at any time, and receive daily emails with trading signals that can help them adjust their strategy according to the changing market.
Another great feature of Coinrule is its backtesting capabilities. Investors can test their trading strategies based on historical market data using TradingView. They can choose the cryptocurrency they intend to trade, the desired time frame as well as the strategy for trading and check how many trades the strategy has opened and closed and also the net profit, the percentage of profit as well as the maximum drawdown and the profit ratio. This is a useful method to boost the trust of traders 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 use Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Pro, and Trader with different options for traders at all levels. Prices vary from $0 and up to $499.99 per month, and traders can choose to pay each month or annually. The yearly plans offer discounts up to 25 percent.
All in all, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest level. With features like automated trading, built-in trading strategies with backtesting capabilities, as well as support for a variety of trusted exchanges, Coinrule is a robust tool that will aid you in making the most out of your trading strategy.