The world of trading cryptocurrency is quite thrilling However, it can be time-consuming and overwhelming for many traders. This is the point where Coinrule is able to help. Coinrule provides an efficient trading tool that can help traders stick to their cryptocurrency strategy without the need to constantly keep track of the market. It’s easy to use even for those with no programming experience, and offers a variety of features that can take trades to the next level.
Coinrule was established in 2017 in London by a group of crypto and blockchain enthusiasts. The company’s mission is to make trading in cryptocurrency more efficient by providing an automated platform for trading that can integrate safely with several exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, over 200% more than its target.
One of the key aspects of Coinrule is the user-friendly automated trading. The markets for cryptocurrency can be very volatile and it is often challenging for investors to stay up with ever-changing charts. Coinrule lets traders create trading rules, and then examines the market and make trades that are compatible with their strategies. This means that traders are able to place their cryptocurrency trading on autopilot, and not look over charts for hours.
Coinrule also offers built-in trading strategies that traders can pick from. There are more than 150 rules available that make it simple for both new and experienced traders to choose an approach that is suitable for them. In addition, traders can stop rules at any time and will be sent daily emails that contain trading signals to help them adapt their strategies to market conditions.
Another great aspect of Coinrule is its backtesting opportunities. 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 as well as the strategy for trading and check how many trades were opened and closed, as well as its net profits, the percentage of profitability, maximum drawdown, and the profit ratio. This can be an effective instrument to increase a trader’s confidence in the trading rules they design.
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 offers four pricing levels including Starter, Hobbyist Pro, and Trader, with different options for traders of all levels. Prices vary from $0 and up to $499.99 per month, and traders can choose to pay each month or annually. The yearly plans offer discounts up to 25 percent.
All in all, Coinrule offers a user-friendly and convenient experience that can boost your cryptocurrency trading experience to the next level. With features such as automated trading, built-in strategies for trading, backtesting opportunities, and the ability to support multiple trusted trading platforms, Coinrule provides a reliable instrument that can aid you in making the most out of any trading plan.