The world of trading in cryptocurrency can be quite exciting However, it can become time-consuming and stressful for many traders. This is the point where Coinrule comes in. Coinrule provides an efficient trading tool that can help traders adhere to their cryptocurrency strategy without the need to constantly be on the lookout for market trends. It is easy to use, even for those without coding knowledge, and provides many features that can take you trading experience to highest step.
Coinrule was established in the year 2017 in London by a group of blockchain and cryptocurrency enthusiasts. The company aims to make trading in cryptocurrencies more efficient by providing an automated trading platform that is able to integrate securely with several exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs. This is more than 200% above its goal.
One of the most important advantages of Coinrule is its easy to use automated trading. The markets for cryptocurrency can be highly volatile and it can be challenging for investors to stay up with the constantly changing charts. Coinrule allows traders to create trading rules, and then monitors the market and makes trades that match their plan of action. This means that traders are able to put their cryptocurrency trading up to run on autopilot, and not look over charts for hours.
Coinrule has integrated trading strategies that traders can pick from. There are more than 150 rules to choose from, making it easy for both experienced and novice traders to discover a strategy that works for them. Furthermore, traders are able to pause rules at any point, and they will receive free daily emails with signals for trading which can assist them in adjusting their strategy according to the changing market.
Another excellent aspect of Coinrule is the possibility of backtesting. Traders can test out their trading rules by using historical market data in 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 see how many trades the strategy has opened and closed and also its net profits, percentage of profitability maximum drawdown, as well as profit percentage. This can be a helpful method to boost confidence of traders in their trading strategies they develop.
Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to integrate Coinrule seamlessly with any of these platforms.
Coinrule offers four pricing tiers, Starter, Hobbyist, Trader, and Pro, with a variety of options for traders of all levels. Prices start at $0 and go up to $499.99 per month. traders have the option of paying monthly or annually. The yearly plans offer discounts up to 25 percent.
Overall, Coinrule offers a user-friendly and convenient experience that can elevate your trading in cryptocurrency to the highest level. With features such as automatized trading, integrated strategies for trading with backtesting capabilities, as well as the ability to support multiple trusted trading platforms, Coinrule can be a powerful tool that will assist you in making the most out of any trading plan.