The world of trading cryptocurrency can be quite exciting However, it can become time-consuming and stressful 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 be on the lookout for market trends. It’s easy to use even for those with no programming knowledge, and provides many options that will boost trades to the highest step.
Coinrule was founded in 2017 in London by a team of blockchain and cryptocurrency enthusiasts. The company aims to make trading in cryptocurrencies 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, over 200% more than the amount it had set for.
One of the main advantages of Coinrule is its easy to use automated trading. The cryptocurrency markets can be very volatile and it is often challenging for investors to stay track of the ever-changing charts. Coinrule lets traders establish trading rules and then monitors the market and makes trades that fit into their plan of action. This allows traders to set their cryptocurrency trading to autopilot and not have to spend hours poring over charts.
Coinrule also offers integrated trading strategies that investors can select from. There are over 150 rules to choose from, making it easy for both new and experienced traders to choose a strategy that works for them. Furthermore, traders are able to pause rules at any time, and receive daily emails with trading signals which can assist them in adjusting their strategies to market conditions.
Another wonderful feature of Coinrule is its backtesting capabilities. The traders can test their trading strategies based on historical market data using TradingView. They can choose the cryptocurrency they will be trading and the time frame they want to use, and the trading strategy, and then check how many trades the strategy has opened and closed in addition to profits net, percentage of profit maximum drawdown, as well as profit percentage. This can be a helpful method to boost a trader’s confidence in the trading rules they create.
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 use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing levels, Starter, Hobbyist, Pro, and Trader, with different options for traders at all levels. Prices vary from $0 to $499.99 per month. traders can choose to pay either monthly or annually. Annual plans provide discounts of up to percent.
All in all, Coinrule offers a user-friendly and easy-to-use experience that can take your cryptocurrency trading to the highest possible level. With features such as automatic trading and built-in strategies for trading as well as backtesting options, and support for multiple trustworthy trading platforms, Coinrule provides a reliable instrument that can help you make the most out of your trading strategy.