The world of trading in cryptocurrency can be very exciting however, it can become time-consuming and stressful for many traders. This is the point where Coinrule is able to help. Coinrule provides an efficient tool for trading that helps traders stick to their cryptocurrency strategy without having to constantly be on the lookout for market trends. It is easy to use even for those without coding expertise, and comes with various options to help you take trades to the highest step.
Coinrule was established in 2017 in London by a group of cryptocurrency and blockchain enthusiasts. The company’s mission is at making trading cryptocurrencies easier by offering an automated trading platform that can integrate safely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on 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 market for cryptocurrency is extremely volatile, and it is often difficult for traders to keep up with the ever-changing charts. Coinrule lets traders establish trading rules and then monitors the market and makes trades that are compatible with their strategies. This means that traders can place their cryptocurrency trading up to run on autopilot, and not spend hours poring over charts.
Coinrule also offers integrated trading strategies that traders can select from. There are over 150 trading rules to pick from which makes it simple for both experienced and novice traders to find the best strategy for them. In addition, traders can stop rules at any time, and they will receive free daily emails that contain trading signals to help them adapt their strategies to market conditions.
Another excellent aspect of Coinrule is its backtesting capabilities. Investors can test their trading rules by using historical market data in TradingView. You can choose the currency they plan to trade as well as the timeframe they wish to trade, and the trading strategy and check how many trades the strategy has opened and closed and also its net profits, percentage of profitability, maximum drawdown, and the profit ratio. This can be a helpful tool for increasing confidence of traders in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. This means that traders can use Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels that include Starter, Hobbyist Pro, and Trader offering different options to traders at all levels. Prices vary from $0 to $499.99 per month, and traders are able to pay each month or annually. The yearly plans offer discounts of up to 25 percent.
All in all, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the highest possible level. With features like automatic trading and built-in trading strategies, backtesting opportunities, and support for a variety of trusted trading platforms, Coinrule can be a powerful tool that can aid you in making the most of your trading strategy.