The world of trading in cryptocurrency can be quite exciting, but it can also be time-consuming and overwhelming to many investors. This is the point where Coinrule is able to help. Coinrule provides an efficient trading tool that helps traders stick to their cryptocurrency strategy without the need to constantly monitor the markets. It is easy to use, even for those with no programming expertise, and comes with many options to take you trading experience to next level.
Coinrule was established in the year the year 2017 London by a group of cryptocurrency and blockchain enthusiasts. The company’s mission is at making trading cryptocurrencies easier by offering an automated platform for trading which can be integrated safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is greater than 200% over its goal.
One of the most important advantages of Coinrule is its easy to use automated trading. The market for cryptocurrency is very volatile and it is often challenging for investors to stay up with the ever-changing charts. Coinrule lets traders set up trading rules and then analyzes the market and then makes trades that match their strategies. This allows traders to set their cryptocurrency trading on autopilot and not have to go through charts for hours.
Coinrule also offers built-in trading strategies that traders can pick from. There are over 150 trading rules to pick from that make it simple for both new and experienced traders to discover an approach that is suitable for them. Furthermore, traders are able to pause rules at any time and they will receive free daily emails with trading signals to help them adapt their strategy according to the changing market.
Another excellent feature of Coinrule is its backtesting capabilities. The traders can test their trading rules on historical market data using TradingView. They can select the coin they plan to trade, the desired time frame as well as the strategy for trading and determine how many trades that the strategy has opened and closed and also profits net, percentage of profitability, maximum drawdown, and profit factor. This can be an effective instrument to increase the trust of traders in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges, including 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 that include Starter, Hobbyist Trader, and Pro, with different options for traders at all levels. Prices range from $0 through $499.99 per month. traders can choose to pay each month or annually. Annual plans provide discounts of up to 25 percent.
All in all, 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 trading strategies as well as backtesting options, and support for a variety of trusted exchanges, Coinrule provides a reliable tool that can assist you in making the most of your trading strategy.