The world of cryptocurrency trading is quite thrilling, but it can also be time-consuming and overwhelming to many investors. This is the point where Coinrule comes in. Coinrule provides an efficient trading tool that can help traders stick to their crypto strategy without the need to constantly be on the lookout for market trends. It’s easy to use even for people with no programming experience, and offers various options that will help you take your trading to the next step.
Coinrule was established in the year 2017 London by a team of blockchain and cryptocurrency enthusiasts. Its goal is at making trading cryptocurrency less tedious by providing an automated platform for trading that can integrate safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above its target.
One of the most important aspects of Coinrule is the easy to use automated trading. The cryptocurrency markets can be extremely volatile, and it can be difficult for traders to keep track of the ever-changing charts. Coinrule allows traders to create trading rules, and then analyzes the market and then makes trades that are compatible with their strategy. This means that traders can place their cryptocurrency trading up to run on autopilot and not have to look over charts for hours.
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 a strategy that works for them. Furthermore, traders are able to pause rules at any point, and receive daily emails with signals for trading that can help them adjust their strategy according to the changing market.
Another wonderful characteristic of Coinrule is the possibility of backtesting. Traders can test out their trading strategies based on historical market data using TradingView. You can choose the currency they intend to trade, the desired time frame as well as the strategy for trading, and then see how many trades were opened and closed, as well as the net profit, the percentage of profit as well as the maximum drawdown and the profit ratio. This can be an effective tool for increasing confidence of traders in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Trader, and Pro, offering different options to traders at all levels. Prices start at $0 and go up through $499.99 per month, and traders can choose to pay each month or annually. The yearly plans offer discounts up to 25%.
All in all, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the highest possible level. With features such as automatic trading and built-in strategies for trading with backtesting capabilities, as well as support for multiple trustworthy trading platforms, Coinrule provides a reliable instrument that can assist you in making the most of any trading plan.