The world of trading cryptocurrency can be very exciting however, it can become time-consuming and stressful in the eyes of many trader. This is where Coinrule comes in. Coinrule provides an efficient trading tool that helps traders stick to their cryptocurrency strategy without having to continuously monitor the markets. It’s easy to use even for people with no programming expertise, and comes with various features that can help you take your trading to the highest step.
Coinrule was established in the year the year 2017 London by a group of blockchain and cryptocurrency enthusiasts. Its goal is at making trading cryptocurrencies less tedious by providing an automated platform for trading which can be integrated safely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above its goal.
One of the main features of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be very volatile and it can be challenging for investors to stay track of the ever-changing charts. Coinrule lets traders set up trading rules and then monitors the market and makes trades that fit into their plan of action. This means that traders can place their cryptocurrency trading on autopilot and not go through charts for hours.
Coinrule also offers built-in trading strategies that traders can select from. There are more than 150 rules available which makes it simple for both novice and experienced traders to discover an approach that is suitable for them. Additionally, traders can pause rules at any time and will be sent daily emails with signals for trading to help them adapt their strategies to market conditions.
Another great characteristic of Coinrule is its backtesting opportunities. Traders can test out their trading strategy with historical market data by using TradingView. They can choose the cryptocurrency they intend to trade, the desired time frame, and the trading strategy and check how many trades the strategy opened and closed, as well as the net profit, the percentage of profit, maximum drawdown, and the profit ratio. This is a useful tool for increasing the trust of traders in the trading rules they design.
Coinrule also supports multiple trustworthy exchanges like 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 tiers that include Starter, Hobbyist Trader, and Pro, with different options for traders at all levels. Prices range from $0 through $499.99 per month. traders can choose to pay each month or annually. Annual plans provide discounts up to 25%.
All in all, Coinrule offers a user-friendly and user-friendly experience that will take your cryptocurrency trading to the highest level. With features like automatic trading and built-in trading strategies as well as backtesting options, and the ability to support multiple trusted trading platforms, Coinrule provides a reliable tool that can help you make the most of any trading plan.