The world of cryptocurrency trading is quite thrilling however, it can be time-consuming and overwhelming in the eyes of many trader. This is the point where Coinrule is able to help. Coinrule provides an efficient tool for trading that helps traders adhere to their cryptocurrency strategy without the need to constantly be on the lookout for market trends. It’s simple to use even for those without coding experience, and offers many options that will take your trading to the next level.
Coinrule was established in the year 2017 in London by a team of blockchain and cryptocurrency enthusiasts. The company’s mission is to make trading in cryptocurrencies less tedious by providing an automated platform for trading that is able to integrate securely with multiple exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over its target.
One of the main advantages of Coinrule is its easy-to-use automated trading system. The market for cryptocurrency is extremely volatile, and it is often challenging for investors to stay track of the constantly changing charts. Coinrule allows traders to create trading rules, and then examines the market and make trades that fit into their strategies. This means that traders can set their cryptocurrency trading up to run on autopilot and not go through charts for hours.
Coinrule also offers integrated trading strategies that investors can select from. There are over 150 rules available, making it easy for both experienced and novice traders to discover the best strategy for them. Additionally, traders can pause rules at any time, and will be sent daily emails with trading signals that can help them adjust their strategy according to the changing market.
Another great feature of Coinrule is its backtesting capabilities. Traders can test out their trading strategies based on historical market data using TradingView. They can select the coin they plan to trade, the desired time frame as well as the strategy for trading, and then check how many trades the strategy has opened and closed in addition to the net profit, percentage of profitability maximum drawdown, as well as the profit ratio. This is a useful method to boost 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. So, traders are able to use Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers that include Starter, Hobbyist Pro, and Trader with different options for traders at all levels. Prices vary from $0 and up to $499.99 per month. traders can choose to pay each month or annually. The yearly plans offer discounts of up to 25%.
Overall, Coinrule offers a user-friendly and user-friendly experience that will boost your cryptocurrency trading experience to the next level. With features such as automated trading, built-in strategies for trading as well as backtesting options, and support for a variety of trusted cryptocurrency exchanges Coinrule provides a reliable tool that will assist you in making the most of any trading plan.