The world of trading in cryptocurrency can be very exciting, but it can also be time-consuming and overwhelming to many investors. This is where Coinrule is able to help. Coinrule provides an efficient trading tool that can help traders adhere to their cryptocurrency strategy without having to constantly keep track of the market. It’s easy to use even for those with no programming knowledge, and provides many features that can help you take your trading to the next step.
Coinrule was established in the year 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 platform for trading that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is over 200% more than its target.
One of the main features of Coinrule is its easy to use automated trading. The market for cryptocurrency is very volatile and it is often difficult for traders to keep track of the ever-changing charts. Coinrule lets traders set up trading rules and then monitors the market and makes trades that match their plan of action. 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 choose from. There are more than 150 rules to choose from that make it simple for both experienced and novice traders to find a strategy that works for them. In addition, traders can stop rules at any time, and they will receive free daily emails with trading signals which can assist them in adjusting their strategy to the market.
Another wonderful aspect of Coinrule is its backtesting capabilities. Investors can test their trading strategies based by using historical market data in TradingView. They can choose the cryptocurrency they will be trading, the desired time frame, and the trading strategy to determine how many trades that were opened and closed in addition to the net profit, the percentage of profit maximum drawdown, as well as profit factor. This is a useful method to boost a trader’s confidence in the trading rules they design.
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 integrate Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Pro, and Trader, with a variety of options for traders of all levels. Prices vary from $0 and up to $499.99 per month, and traders can choose to pay monthly or annually. Annual plans provide discounts up to 25 percent.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest level. With features like automated trading, built-in trading strategies, backtesting opportunities, and support for multiple trustworthy cryptocurrency exchanges Coinrule provides a reliable tool that can aid you in making the most out of any trading plan.