The world of cryptocurrency trading can be quite exciting However, it can be time-consuming and overwhelming for many traders. This is the point where Coinrule comes in. Coinrule provides an efficient trading tool that can help traders stick to their crypto strategy without having to continuously monitor the markets. It’s easy to use, even for those without coding expertise, and comes with many features that can boost trades to the highest level.
Coinrule was established in 2017 in London by a team of crypto and blockchain enthusiasts. Its goal is create a system that makes trading cryptocurrency easier by offering an automated platform for trading which can be integrated safely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, over 200% more than its goal.
One of the main advantages of Coinrule is its user-friendly automated trading. The markets for cryptocurrency can be highly volatile and it can be challenging for investors to stay track of the ever-changing charts. Coinrule allows traders to establish trading rules and then monitors the market and makes trades that are compatible with their strategy. This allows traders to put their cryptocurrency trading on autopilot, and not go through charts for hours.
Coinrule also offers integrated trading strategies that investors can select from. There are over 150 trading rules to pick from, making it easy for both new and experienced traders to find a strategy that works for them. Additionally, traders can pause rules at any time and will be sent daily emails with signals for trading which can assist them in adjusting their strategies to market conditions.
Another excellent aspect of Coinrule is the possibility of backtesting. The traders can test their trading rules with historical market data by using TradingView. You can choose the currency they will be trading and the time frame they want to use as well as the strategy for trading, and then check how many trades were opened and closed, as well as its net profits, percentage of profitability as well as the maximum drawdown and profit percentage. This can be a helpful method to boost confidence of traders in the trading rules they design.
Coinrule has also been able to work with several reliable exchanges, including Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to connect Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader offering different options to traders of all levels. Prices start at $0 and go up through $499.99 per month. traders can choose to pay monthly or annually. The annual plans can offer discounts of up to%.
In the end, Coinrule offers a user-friendly and convenient experience that can take your cryptocurrency trading to the next level. With features such as automatized trading, integrated strategies for trading, backtesting opportunities, and support for a variety of trusted exchanges, Coinrule is a robust instrument that can assist you in making the most out of any trading plan.