The world of cryptocurrency trading is quite thrilling, but it can also be time-consuming and overwhelming in the eyes of many trader. This is where Coinrule comes in. Coinrule provides an efficient trading tool that helps traders adhere to their cryptocurrency strategy without having to constantly be on the lookout for market trends. It’s simple to use, even for those with no programming knowledge, and provides a variety of options that will take you trading experience to next level.
Coinrule was established in 2017 , in London by a group of blockchain and cryptocurrency enthusiasts. Its goal is to make trading in cryptocurrency less tedious by providing an automated trading platform that is able to integrate securely with multiple exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above 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 can be challenging for investors to stay track of the constantly changing charts. Coinrule lets traders set up trading rules and then analyzes the market and then makes trades that fit into their strategies. This allows traders to set their cryptocurrency trading to autopilot and not go through charts for hours.
Coinrule provides integrated trading strategies that investors can select from. There are more than 150 rules to choose from, making it easy for both novice and experienced traders to find an approach that is suitable for them. In addition, traders can stop rules at any time and they will receive free daily emails with signals for trading that can help them adjust their strategy according to the changing market.
Another wonderful feature of Coinrule is the possibility of backtesting. Traders can test out their trading rules on historical market data using TradingView. They can select the coin they plan to trade and the time frame they want to use, and the trading strategy to determine how many trades that were opened and closed in addition to its net profits, the percentage of profitability, maximum drawdown, and profit factor. This can be a helpful tool for increasing the trust of traders in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can integrate Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels, Starter, Hobbyist, Pro, and Trader, with a variety of options for traders of all levels. Prices vary from $0 to $499.99 per month, and traders have the option of paying monthly or annually. The yearly plans offer discounts of up to 25%.
All in all, Coinrule offers a user-friendly and user-friendly experience that will elevate your trading in cryptocurrency to the highest possible level. With features such as automatized trading, integrated trading strategies with backtesting capabilities, as well as the ability to support multiple trusted cryptocurrency exchanges Coinrule can be a powerful instrument that can help you make the most of any trading plan.