The world of cryptocurrency trading is quite thrilling, but it can also become time-consuming and stressful in the eyes of many trader. This is the point where Coinrule is able to help. 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 easy to use even for those without coding knowledge, and provides many features that can boost trades to the next step.
Coinrule was established in the year 2017 London by a group of cryptocurrency and blockchain enthusiasts. The company aims at making trading cryptocurrencies more efficient by providing an automated platform for trading that is able to integrate securely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its goal.
One of the most important advantages of Coinrule is its easy to use automated trading. The cryptocurrency markets can be very volatile and it is often hard for trader to keep up with constantly changing charts. Coinrule lets traders set up trading rules and then examines the market and make trades that match their strategy. This means that traders can set their cryptocurrency trading on autopilot and not spend hours poring over charts.
Coinrule has integrated trading strategies that traders can select from. There are more than 150 rules available, making it easy for both new and experienced traders to discover the best strategy for them. In addition, traders can stop rules at any point, and will be sent daily emails with trading signals that can help them adjust their strategy according to the changing market.
Another wonderful aspect of Coinrule is its backtesting opportunities. Investors can test their trading rules on historical market data using TradingView. They can select the coin they plan to trade, the desired time frame and trading strategy and check how many trades were opened and closed, as well as its net profits, percentage of profitability, maximum drawdown, and the profit ratio. This can be a helpful tool for increasing a trader’s confidence in their trading strategies they develop.
Coinrule has also been able to work with several reliable exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. This means that traders can use Coinrule seamlessly with these platforms.
Coinrule offers four pricing levels including Starter, Hobbyist Pro, and Trader with different options for traders of all levels. Prices start at $0 and go up and up to $499.99 per month. traders can choose to pay either monthly or annually. The yearly plans offer discounts of up to 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 automated trading, built-in trading strategies with backtesting capabilities, as well as support for a variety of trusted exchanges, Coinrule provides a reliable instrument that can assist you in making the most of the trading strategies you employ.